When a breach of contract occurs,the nonbreaching party is required to take reasonable steps to lessen or mitigate the damages that he may sustain.
Correct Answer:
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Q2: An injured party may seek reimbursement for
Q3: At its discretion,a court may grant the
Q4: Equitable remedies result in monetary awards to
Q5: Most states allow a party who has
Q6: Consequential damages include lost profits and injury
Q8: Specific performance is the usual remedy for
Q9: Liquidated damages are an equitable remedy.
Q10: To fully compensate plaintiffs in breach of
Q11: Equitable remedies are available any time the
Q12: Where a contract is unenforceable because of
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