Mitigation of damages, MITIGATION OF DAMAGES 1. Can you

Mitigation of damages

Assignment Help Business Law and Ethics

Reference no: EM13851494

MITIGATION OF DAMAGES

1. Can you think of other examples where a non-breaching party to a contract has a duty to mitigate damages?
Why does this duty exist?

2. Class, what are equitable remedies? Provide an example of each.

ORAL AGREEMENTS

1. Is it necessary to prove intent for either or both of the parties when it comes to an oral contract? What about proof of an intent to be bound contractually?

2. As you know, there is a difference in the statute of limitations for an oral contract and for a written contract.
Discuss the application of a statute of limitations to a contractual action and why there would be different limitations based on the format of the contract.

Reference no: EM13851494

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