Explain the principle of "Mitigation of Loss".
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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.
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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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