Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Hello chegg team this is commercial law subject i have 2 question please send me

ID: 345234 • Letter: H

Question

Hello chegg team this is commercial law subject i have 2 question please send me answers.
Q:1 The remedy of recission of a contract on the basis of innocent misrepresentation on behalf of one of the parties is not available in four situations. List and describe these situations and provide one example for each situation.
Q:2 Explain the duty to mitigate damages when a contract is breached. Provide one example where the victim of a breach did not mitigate the damages and one example where the victim of a breach did mitigate the damages. Hello chegg team this is commercial law subject i have 2 question please send me answers.
Q:1 The remedy of recission of a contract on the basis of innocent misrepresentation on behalf of one of the parties is not available in four situations. List and describe these situations and provide one example for each situation.
Q:2 Explain the duty to mitigate damages when a contract is breached. Provide one example where the victim of a breach did not mitigate the damages and one example where the victim of a breach did mitigate the damages.
Q:1 The remedy of recission of a contract on the basis of innocent misrepresentation on behalf of one of the parties is not available in four situations. List and describe these situations and provide one example for each situation.
Q:2 Explain the duty to mitigate damages when a contract is breached. Provide one example where the victim of a breach did not mitigate the damages and one example where the victim of a breach did mitigate the damages.

Explanation / Answer

1. If an actionable misrepresentation is established, then, remedies for revocation, or, repeal are not available in the following situations:

Injured parties state that they intend to continue with the contract, with full knowledge of misrepresentation, and, the right to rescind. The plaintiff does not lose the right to rescind, knowing of the facts, if the individual does not know of the right to rescind.

The right will be lost if the party does not rescind within a reasonable time.

If substantial restoration is impossible. Price restoration is not required.

If a party acquires rights in a property, in good faith or value.

A buys from B through misrepresentation ......sells to C; B cannot rescind to recover goods from C.

2. Duty to mitigate damages when a contract is breached

Duty to limit the harm, when a person is harmed. Duty to limit the harm applies to a breach of contract. Neglecting precludes recovery of damages.

Example:

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote