Asked by Jenny Mclin on Jun 14, 2024
Verified
Ziplines Inc. enters into a contract to employ Scot as a manager for two years. If Ziplines breaches the contract, Scot has a duty to
A) do nothing.
B) reduce the damages that Scot might otherwise suffer.
C) rescind the contract with Ziplines.
D) act to punish Ziplines as an example to deter others from similar acts.
Reduce Damages
Actions taken to minimize the amount of compensation required in a legal claim, often involving efforts to mitigate losses.
Breaches
Instances where parties fail to fulfill their obligations or violate the terms of a contract or agreement.
Duty
A moral or legal obligation to perform or refrain from performing a certain action.
- Explain the importance of mitigating damages and the obligation of the non-breaching party to do so.
Verified Answer
VG
Varniraj GajeraJun 16, 2024
Final Answer :
B
Explanation :
Scot has a duty to mitigate damages, which means taking reasonable action to reduce the damages that might result from Ziplines Inc.'s breach of contract. This is a general principle in contract law aimed at minimizing the financial impact of the breach.
Learning Objectives
- Explain the importance of mitigating damages and the obligation of the non-breaching party to do so.
Related questions
Sparkle Jewelers Breaches Its Lease with Town Mall and Vacates ...
Misgana Ran into Tarja at Their Local Gym ...
Describe Compensatory, Incidental, Consequential, and Liquidated Damages for Breach of ...
In Most States, a Person Whose Employment Is Wrongfully Terminated ...
Angus Has Rightfully Rejected Nonconforming Goods That Were Delivered to ...