State the duty to mitigate losses
The duty to mitigate losses ensures that the injured party is under a duty to take all reasonable steps to minimise their loss. As a result, the seller of goods, which are not accepted, has not only to try to sell the goods to someone else but is also required to get as good a price as they can when they sell them. If goods are not delivered under a contract, the buyer is entitled to go into the market and buy similar goods, paying the market price prevailing at the time. They can then claim the difference in price between what they paid and the original contract price as damages.
多做几道
State whether Ian has any liability for money laundering
State whether Jet has any liability for money laundering
【论述题】
State whether Vic has any right to claim for the increase in share price that he missed out on when he sold his shares
Explain any criminal offences Sid may have committed
【论述题】
State what is meant by securities being 'price sensitive' in the context of insider dealing
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