when measuring lost profits or other damages, it is necessary for the plaintiff to: group of answer choices show that the defendant's actions clearly call for punitive damages. prove that there was no liability in the case. prove that fraud was involved in the case. attempt to mitigate its damages.



Answer :

When measuring lost profits or other damages, it is necessary for the plaintiff to: D. Attempt to mitigate its damages.

The time period “profits” generally refers to the amount of cash, assets, and other transfers of price acquired over a hard and fast time period in change for services or products. profits is money that an person or enterprise receives in alternate for presenting exertions, generating a good or service or making an investment capital.

Individuals normally earn profits through wages or income, even as businesses earn earnings from promoting items or services above their value of manufacturing.

The 5 fundamental heads of earnings according to the above-cited segment 14 for the computation of the profits Tax in India are:

• profits from profits.

• profits from house property.

• income from income and profits of enterprise or profession.

• income from Capital gains.

• earnings from other resources.

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