Late submission
Unless arrangements are worked out in advance, 25% per day will be deducted for late submissions. Assignments are not accepted after two days past the deadline.
In software industry, timing is crucial. If a software company (or you) misses a deadline, breach of software contract fine applies and the company's (or your) reputation is damaged. Therefore, to help you prepare for your software-related career, I place a high emphasis on timely completion of homework assignments. Furthermore, as mentioned earlier, each assignment helps you develop competency in basic and advanced concepts. I also want to immediately use the fact that you have completed an exercise (typically with a quiz). For these reasons, late homework assignments are heavily penalized.