What Does the Term "Mitigation" Refer to in Connection with Damages

question 32

Multiple Choice

What does the term "mitigation" refer to in connection with damages?

• A)The calculation of lost profits in determining damages.
• B)The duty of the breaching party to make a damages payment as soon as practical.
• C)The combination of the different kinds of damages into a single dollar amount.
• D)The duty of a nonbreaching party to make reasonable efforts to reduce damages.
• E)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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Definitions:

Heredity

The transmission of genetic characteristics from parents to offspring through the genes.

Raw Materials

Basic substances or inputs that are essential for the production process or are used to create a final product.

Physique

The form, size, and development of a person's body.

Uniqueness

The quality of being one of a kind or unlike anything else, often valued in individuals for contributing to diversity and personal identity.