The term "mitigation" refers to the ________ of damages resulting from breach of contract.
A) calculation
B) prediction
C) assertion
D) reduction
E) estimation

Question

Quizplus · Accepted Answer

Mitigation refers to the steps taken to reduce or minimize damages caused by a breach of contract. It involves taking reasonable and proactive steps to avoid or minimize losses that may result from a breach. While calculation, prediction, assertion, and estimation may be related to assessing damages, they do not specifically refer to reducing or mitigating them.

The Term "Mitigation" Refers to the ________ of Damages Resulting