Answer: Mitigation of damages
Explanation: The concept of Mitigation of damages defines the action an individual or party who has suffered or incurred a loss arising from a breach of contract should take in other to lessen or mitigate the effect of the contract breach. This will lessen or reduce the loss incurred as a result of the breach caused by the other party. Once there is a breach of contract, Mitigation of damages becomes a duty on the party who has suffered a loss and should therefore, prevent increased 'avoidable loss' caused by the contract breach. Further losses incurred has a result of failure to mitigate damages won't be catered for by the party guilty of the breach of contract.
Answer:
Explanation:
Whenever countries have different opportunity costs in production they can benefit from specialization and trade. Benefits of specialization include greater economic efficiency, consumer benefits, and opportunities for growth for competitive sectors.
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The purpose of these institutions was to establish a normality. As analyzed by Michel Foucault, prisons, asylums, and later schools, serve to impress upon the people the idea of a pattern to be followed.
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Yes, this is correct.
Crucially, this is only the case if everything else stays equal: so if the quality of the product stays the same and if the income of the buyers doesn't decrease.
Then with a lower prize, more items will be purchased - and less if the prize increases.
Answer: SUBMARINE CABLES
Explanation:
Submarine Cables or Submarine Communications Cables were first developed in the 1850s to carry telegraphy information cables laid on the sea bed with the purpose of connecting stations on land.
Modern cables use optic fibre technology to carry telephone, internet (including email) and even encrypted data.
For extra information the submarine cable connecting the United States to Europe is known as MAREA. It is 6600 km long and connects the United States to Spain.
