Penalties in English law

Penalties in English law are contractual terms which are not enforceable in the courts because of their penal character. Since at least 1720 it has been accepted as a matter of English contract law that if a provision in a contract constitutes a penalty, then that provision is unenforceable by the parties.

Source: Wikipedia — Penalties in English law (CC BY-SA 4.0)

Penalties in English law

Penalties in English law are contractual terms which are not enforceable in the courts because of their penal character. Since at least 1720 it has been accepted as a matter of English contract law that if a provision in a contract constitutes a penalty, then that provision is unenforceable by the parties.

Source: Wikipedia "Penalties in English law" · CC BY-SA 4.0

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