Asked by
Olivia Dominguez
on Nov 10, 2024Verified
Victims of breach have a duty to mitigate damages, meaning they must do what they can to keep those damages as low as possible.
Mitigate Damages
Refers to the legal principle requiring a party to reduce their losses following a breach of contract.
- Acquire knowledge on the fundamental principles of reducing damages and the obligations of the affected party.
Verified Answer
MH
Learning Objectives
- Acquire knowledge on the fundamental principles of reducing damages and the obligations of the affected party.