Late Delivery and Penalty.

In case of delayed delivery of Goods, "Steve Seller" shall pay to
"Betty Buyer" a penalty amounting to 10.5% of the total
value of the Goods for every 2 days of delay. If the
delay is more than 15 days, the Buyer is entitled to
terminate this Contract.

Late Delivery and Penalty.

In case of delayed delivery of Goods, {{seller}} shall pay to
{{buyer}} a penalty amounting to {{penaltyPercentage}}% of the total
value of the Goods for every {{penaltyDuration}} of delay. If the
delay is more than {{maximumDelay}}, the Buyer is entitled to
terminate this Contract.

namespace org.accordproject.minilatedeliveryandpenalty@0.1.0

import org.accordproject.contract@0.2.0.Clause from https://models.accordproject.org/accordproject/contract@0.2.0.cto
import org.accordproject.runtime@0.2.0.{Request,Response} from https://models.accordproject.org/accordproject/runtime@0.2.0.cto
import org.accordproject.time@0.3.0.{Duration,TemporalUnit} from https://models.accordproject.org/time@0.3.0.cto

transaction LateRequest extends Request {
  o DateTime agreedDelivery
  o DateTime deliveredAt
  o Double goodsValue
}

transaction LateResponse extends Response {
  o Double penalty
  o Boolean buyerMayTerminate
}

@template
asset TemplateModel extends Clause {
  o String buyer
  o String seller
  o Duration penaltyDuration
  o Double penaltyPercentage
  o Duration maximumDelay
}