Jack's supplier fails to deliver the products Jack has ordered at the required time.Jack is expected to do what he can to reduce his losses.This is called mitigation of losses.

Question

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Mitigation of losses refers to the actions taken by a party to reduce their losses when faced with a breach of contract or unexpected event. In this case, if Jack's supplier fails to deliver the products on time, he would be expected to take actions such as finding an alternative supplier, rescheduling delivery or negotiating compensation in order to minimize his losses.

Jack's Supplier Fails to Deliver the Products Jack Has Ordered