What Is an Impairment Rating?
Derogation rules, legal terms, mean that after one party breaches a contract, the other party should take appropriate measures to prevent the loss from expanding.
Derogation rule
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- Derogation rules, legal terms, mean that after one party breaches a contract, the other party should take appropriate measures to prevent the loss from expanding.
- If proper measures are not taken to cause the loss to expand, no compensation shall be made for the expanded loss. The reasonable expenses incurred by the parties for preventing the expansion of losses shall be borne by the breaching party.