Kent State V. Ford Case Analysis

245 Words1 Pages
Thank you for providing a great example of an institution’s response to the breach of a coach’s contract. After researching the case of Kent State v. Ford, it was apparent that the terms of Ford’s agreement were not interpreted by the coach in the same manner in which the terms were written by the institution. Ford is quoted as stating that the liquidated damages clause was not enforceable (Farkas, 2015). Whereas liquated damages are defined as such: The purpose of a liquidated damages clause is to ensure that the failure of one party to follow the contract does not unfairly hurt the other and the amount agreed to must be a reasonable estimate of any potential damage a breach of contract might cause (faircontracts.org, n.d.). Kent State argued