Farmer Elvin is holding 200 pounds of potatoes in storage for Chef Noble, but Chef Noble has breached the contract by failing to pay for the potatoes. If Farmer Elvin sells the potatoes to a local diner to make potato soup and salad, then this action would be considered a (n)

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Business

Sonny Villarreal

30 July, 12:55

Farmer Elvin is holding 200 pounds of potatoes in storage for Chef Noble, but Chef Noble has breached the contract by failing to pay for the potatoes. If Farmer Elvin sells the potatoes to a local diner to make potato soup and salad, then this action would be considered a (n)

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Claire Stout · Answer 1

be considered reasonable mitigation of damages.

Explanation:

Based on the information provided regarding the scenario at hand it can be said that this action would be considered reasonable mitigation of damages. This is a law principle that requires that a party who has suffered a loss due to a breach of contract (in this case Farmer Elvin) needs to take reasonable action in order to minimize the amount of the loss that they have suffered. Which in this case is exactly what Farmer Elvin is doing in order to recover some of the money that he lost from the breached contract by selling the potatoes to a local diner.