Question: What does the term mitigation refer to in connection with damages? The duty of the nonbreaching party to give the breaching party another chance to
What does the term "mitigation" refer to in connection with damages?
The duty of the nonbreaching party to give the breaching party another chance to perform the contract.
The calculation of lost profits in determining damages.
The innocent injured party is held to a duty to reduce the damages that he or she suffers.
The combination of the different kinds of damages into a single dollar amount.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
