Question

Isaac holds one ton of perishable fruit in storage for Juice Smoothies Corporation. Juice Smoothies does not pay for the storage. Isaac sells the fruit to Kayo Beverage Company. This sale represents: Group of answer choices a mitigation of damages. a breach of contract. liquidated damages. a quasi contract.

Answer 1

Answer:

A) Mitigation of damages

Explanation:

In contract law, the term mitigation of damages reefers to a situation whereby an individual would take actions that are necesary for him to avoid or reduce losses. So when there is a contract dispute between two parties, a one of the parties intends to claim damages, it is expected that he has taken steps to "mitigate' the damages or losses using any reasonable opportunity. In the scenario in the question, Isaac holds perishable goods for a smooties company, since their appears to be dispute about effective storage, Isaac is expected to sell those fruits in order to mitigate/reduce damages/losses.