Business Studies, asked by RiyaGungun, 3 months ago

Explain the principle of "Mitigation of Loss".​

Answers

Answered by dividivya238
2

Answer:

Mitigation in law is the principle that a party who has suffered loss (from a tort or breach of contract) has to take reasonable action to minimize the amount of the loss suffered.

Answered by Anonymous
5

Mitigation in law is the principle that a party who has suffered loss (from a tort or breach of contract) has to take reasonable action to minimize the amount of the loss suffered. ... The actions of the defendant may also result in the mitigation of damages which would otherwise have been due to the successful plaintiff.

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