Question: Restraining reliance before breach reduces the harm that it causes. Mitigating damages after breach also reduces the harm that it causes. In the Waffle Shop

Restraining reliance before breach reduces the harm that it causes. “Mitigating” damages after breach also reduces the harm that it causes. In the Waffle Shop case, for example, Yvonne can mitigate harm by reselling the supplemental food order to another restaurant. The common law requires the promisee to mitigate damages. Specifically, the promisee must take reasonable actions to reduce losses from the promisor’s breach. Describe the efficient amount of mitigation. How could the mitigation requirement create an incentive for efficient mitigation?

Step by Step Solution

3.56 Rating (167 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The mitigation requirement alerts the breachee to the fact that he or she is only going to rec... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

153-L-B-L-C (922).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!