Identify and explain the remedies available to a party when a breach occurs. Why do courts insist on mitigation of damages by the party who has suffered a a result of the breach?

April 22, 2023April 22, 2023 Discipline: Business and Management
The following video highlights remedies available when a contractual breach occurs.
Video Link: https://nv.instructuremedia.com/fetch/QkFoYkIxc0hhUVJYcTJrYk1Hd3JCMUNjUldRPS0tMGFhMzFhOTVjZDgwZjM1NmY2NjJlYzhiNWRhYzg0MjQ1YWVhM2I0NQ.mp4
Book Link: https://open.umn.edu/opentextbooks/textbooks/273
DB Q 6: Remedies, the UCC, and Risk of Loss

As you read chapters 16, 17, & 18, you will understand how a breach impacts contractual obligations and invokes rights on the party who suffers as a result, as well as UCC Article 2/2A and risk of loss.
Identify and explain the remedies available to a party when a breach occurs.  Why do courts insist on mitigation of damages by the party who has suffered a result of the breach? Identify and explain the remedies available to a party when a breach occurs.  Why do courts insist on mitigation of damages by the party who has suffered a result of the breach?

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