Which of the following statements is the best description of the duty of the injured party to 'mitigate' their loss?
A)They must take all reasonable steps to minimise their loss.
B)They must take all reasonable steps to prevent the breach.
C)They must take all reasonable steps to report the breach to the court.
D)They must take all reasonable steps to transfer the loss to the party in breach.

Question

Quizplus · Accepted Answer

The duty to mitigate requires the injured party to take all reasonable steps to minimize their loss, such as seeking alternative arrangements or taking reasonable measures to reduce the damage caused by the breach. It does not require the party to prevent the breach, report the breach to the court or transfer the loss to the party in breach.

Which of the Following Statements Is the Best Description of the Duty