Examples under Mitigation of Damages
1. Leasing Rejected Goods: A furniture retailer quickly re-leases returned items at a discount, minimizing losses from unsold inventory.
2. Repairing Damaged Property: A landlord promptly fixes a leak to prevent further water damage, thereby avoiding increased repair costs.
3. Reemployment Efforts: A terminated manager actively seeks similar roles in other companies to mitigate lost wages after wrongful termination.
4. Subletting Vacant Space: A business owner promptly sublets part of their office to another company after downsizing, generating income from otherwise empty space.
5. Sourcing Alternative Suppliers: A clothing manufacturer swiftly finds another fabric supplier to maintain production schedules and prevent delays and associated losses.