Utah Mitigation of damages is a legal principle which requires a party that has suffered a loss due to the negligence or wrongful act of another party to take reasonable steps to minimize the damage or loss that they have suffered. This concept is based on the principle of equity, which seeks to ensure that an injured party is not unjustly enriched by the negligent or wrongful conduct of another. The types of Utah Mitigation of damages include: economic damages, consequential damages, and punitive damages. Economic damages are those which are directly related to the amount of money that the injured party has lost due to the negligent or wrongful act of another party. Consequential damages are more indirect and can include things such as emotional distress, loss of companionship, and pain and suffering. Punitive damages are awarded as a form of punishment or deterrence to the wrongdoer. These damages are intended to discourage the wrongdoer from engaging in similar conduct in the future.