Posted Mar. 27, 2013 at 5:40 a.m.

Premium Lock Leaving the apples to rot: The duty of a wronged party to mitigate its damages and its potential waiver in commercial contracts

Published: 2013-03-27 05:40:50
Updated: 2013-03-27 05:40:50

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Ward and Smith, P.A. Ward and Smith, P.A.
Tags: TechLaw

TechLaw: The duty of a legally-wronged party to mitigate its damages is an important legal mechanism that minimizes economic waste. Under North Carolina law, that duty can be waived in commercial contracts and leases. Before agreeing to do so, contracting parties should consider the potential risks and rewards....

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