- Specific Performance
- Damages
- UCC Remedies
- Avoidable Damages
- Restitution
Avoidable Damages or Avoidable consequences doctrine is a legal principle that places the responsibility of minimizing damages upon the person who has been injured. The plaintiff after an injury or breach of contract should make reasonable efforts to mitigate the effects of the injury or breach.
Restitution is usually awarded where one party has provided a benefit to the other party and it is awarded to repay the party providing the benefit the reasonable value of the benefit he gave. Typically, restitution is awarded in situations where one party has provided a benefit to another party under a contract and that contract turns out to be unenforceable.
A micro cap company should be aware of these Legal Remedies and take advantage of situations where contracts are in place and they are not at fault for the breach.
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