Comment Bah (Score 1) 546
$8,000 in liquidated damages, and not as a penalty? Look, if your server melts every time a credit card transaction is cancelled, that's your fucking fault, and not mine.
Liquidated damages only stand up in court if they're a reasonable approximation of the actual damages incurred by a breach of contract. Eight thousand dollars for a simple chargeback is punitive - regardless of the language in your EULA.
Liquidated damages only stand up in court if they're a reasonable approximation of the actual damages incurred by a breach of contract. Eight thousand dollars for a simple chargeback is punitive - regardless of the language in your EULA.
