Construction company c and landlord l negotiate to build an office building for occupancy on september 1. landlord l wants to sign up commercial renters to occupy the building on september 1. unforeseeable causes often delay construction projects. c is willing to take this risk. c proposes a price of $10 million and a liquidation clause requiring c to pay l $1,500 per day for completing the building late. you are a lawyer hired by l to on the contract. l tells you in private that he will actually lose $1,000 per day of delay, not $1,500 per day. how would you explain to l that he might benefit from proposing to reduce liquidated damages from $1,500 to $1,000 per day?

1. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in ease of 2. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in external liability for business 3. a partnership is an association of two or more persons to carry on as co-owners a business for 4. any one partner may be held liable for the entire indebtedness of the 5. a limited partner is liable for the partnership debt only to the extent of her capital 6. a person may be a partner even though he has no authority to conduct the ordinary activities of the 7. a partner may withdraw his capital contribution without the consent of all the 8. when a partner sells his interest in the partnership, the buyer becomes a new 9.every partner owes a duty of good faith, fairness, and loyalty to the other 10. a partner who fails to use ordinary care and skill in discharging assigned duties will be personally liable to the partners for any resulting loss.