What are the cardinal duties in a contract?

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1098993

2026-07-31 12:30

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The cardinal duties in a contract typically include the duty to perform, the duty to compensate, and the duty to mitigate damages. The duty to perform obligates parties to fulfill their contractual obligations as agreed. The duty to compensate requires parties to provide payment or other forms of remuneration as specified in the contract. Lastly, the duty to mitigate damages mandates that parties take reasonable steps to minimize losses in the event of a breach.

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