4 ms·
So a subsidy to stop building, instead of a subsidy to start building
by jaapz 2mo ago
So a subsidy to stop building, instead of a subsidy to start building
- rayiner 2mo agoNo, it's compensation for backing out of a deal. In contract law, once a deal is signed, you're entitled to the "benefit of the bargain" if you perform your end of the deal. A breakup fee allows one side to get out of the deal, while compensating the other side for sunk cost into the project, opportunity costs from not having pursued other deals, etc.
- cmrdporcupine 2mo agoI think you're missing the commenter's point.