Question: What does the term mitigation refer to in connection with damages? Group of answer choices The duty of a nonbreaching party to make reasonable efforts

What does the term

mitigation

refer to in connection with damages?

Group of answer choices

The duty of a nonbreaching party to make reasonable efforts to reduce damages.

The calculation of lost profits in determining damages.

The duty of the breaching party to make a damages payment as soon as practical.

The combination of the different kinds of damages into a single dollar amount.

The requirement of the nonbreaching party to allow the breaching party one final chance to perform the contract before being entitled to collect damages.

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