👉 In contract law, a "pre-liquidated" or "post-liquidated" agreement is an agreement that specifies the price to be paid for goods or services before they are actually delivered. It is often used in situations where there has been no formal negotiation of prices, but instead, the terms have been agreed upon by both parties and published as a contract. Pre-liquidated agreements can provide a level playing field for buyers and sellers, ensuring that the price paid is accurate and fair,
