TRUE OR FALSE FOR EACH BRAINLIEST ANSWER PLEASE 1. The Statute of Limitations discharges a debt by operation of law unless the debtor reinstates the debt. 2. In most situations, when a breach of contract occurs, the innocent injured party is held to a duty to mitigate the damages.

1) FALSE

2) TRUE

Explanation:

In most situations, when a breach of contract occurs, the injured party is held to a duty to mitigate, or reduce, the damages that he or she suffers.

i think it can have both positive and negative effects on businesses.

for example:

lets say you own a small business and taxes go up 4% that means it is going to cost your business more money to buy product to sell. but at the same time you make more money from the tax rise.

that is my theory.