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| | Damages for Breach of Contract-Lost Profits Versus Liquidated Damages |
 | | Under Georgia law, damages recoverable for a breach of contract are such as arise naturally and according to the usual course of things from such breach and such as the parties contemplated, when the contract was made, as the probable result of its breach. |
 | | Damages growing out of breach of contract, in order to form a basis of recovery, must be such as can be traced solely to the breach, be capable of exact computation, must have arisen according to the usual course of things, and be such as parties contemplated as the probable result of such breach. |
 | | If the parties agree in their contract what the damages for a breach shall be, they are said to be liquidated, and, unless the agreement violates some principal of law, the parties are bound thereby. |
| library.findlaw.com /1999/Sep/1/126603.html (597 words) |
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