When a Breach of Contract Occurs,the Nonbreaching Party Is Required

question 28

True/False

When a breach of contract occurs,the nonbreaching party is required to take reasonable steps to lessen or mitigate the damages that he may sustain.

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Definitions:

Logistics Management

The coordination and optimization of processes for the effective and efficient transportation and storage of goods from origin to consumption.

Customer Service

Support and guidance offered by a business to individuals who purchase or utilize its goods or services.

Logistics Costs

Expenses associated with the planning, implementing, and controlling of the efficient, effective flow and storage of goods, services, and related information.

Cross-Docking

A logistics practice where products received at a warehouse or distribution center are not stored but instead are immediately prepared for shipping to another location.