A community for creating and sharing legal knowledge

Expectation Damages

Consequential Damages: The Hidden Contract Risk

Meta Description: Understand Consequential Damages (Special Damages) in contract law, the critical Foreseeability Rule, and how to protect your business from catastrophic indirect financial losses through strategic contract drafting. Understanding Consequential Damages in Contract Law: A Deep Dive into Hidden Risks Every commercial contract carries a degree of risk, but few elements pose a greater, […]

, , , , , , , , , , , , , , , , , , , , , , , , , ,

The Duty to Mitigate Damages: A Guide to Contract Law

META DESCRIPTION Understand the vital US contract law principle of the Duty to Mitigate Damages, which requires a non-breaching party to take reasonable efforts to minimize losses or risk a reduction in their damage award. Learn the requirements and see key case examples. When a contract is broken, the injured party suffers a loss. However,

, , , , , , , , , , , ,
위로 스크롤