Tag Archives: Florida Contract Damages
What is the Duty to Mitigate Contract Damages?
Consider the following scenario: company A and company B recently signed a $50,000 purchase agreement. The agreement stipulates that company A must deliver a certain product on the morning of January 1st. However, when company A shows up to make the delivery, a representative from company B states that they changed their mind and… Read More »
Contract Damages: How Much Can You Agree To?
American law has a fairly robust respect for people’s freedom to contract, especially in cases where both sides are of equal bargaining power and sophistication. However, there are certain clauses that the law refuses to enforce either to protect society or to protect one of the parties to the contract. One area where this… Read More »