Question: QUESTION 4 6 Lisa breaches a contract with Mark by failing to deliver goods as promised. Mark has an opportunity to mitigate his damages. What
QUESTION
Lisa breaches a contract with Mark by failing to deliver goods as promised. Mark has an opportunity to mitigate his damages. What is Mark required to do
A Continue performing his obligations under the contract. Take reasonable steps to minimize his losses.
B Seek specific performance from Lisa
C Seek compensatory damages from Lisa.
D Take reasonable steps to minimize his losses. Seek specific performance from Lisa
QUESTION
Lisa enters into a contract with Tom, which includes a provision limiting the amount of damages Tom can recover in case of a breach. What is this provision called?
A Reformation clause
B Penalty clause
C Rescission clause
D Limitation of liability clause
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