Common use of Minimum Liability Clause in Contracts

Minimum Liability. The statutory minimum liability that may be assessed is the economic benefit: $281,005. To comply with the Enforcement Policy, the minimum liability is the economic benefit plus ten percent: $309,100 (rounded).

Minimum Liability. The statutory minimum liability that may be assessed is the economic benefit: $281,00577,102. To comply with the Enforcement Policy, the minimum liability is the economic benefit plus ten percent: $309,100 (rounded)84,800.