Question + ( points) There is a duty to mitigate damages. Which one of the statements is TRUE? (1) The burden is on defaulting party to show that non-defaulting party failed to mitigate his losses. (2) The non-defaulting party should claim that the breach by the defaulting party was unreasonable. O 3) The non-defaulting party should mitigate his losses. O 4) The non-defaulting party is obliged apply for an injunction to stop the defaulting party from continuing to breach the contract so as to reduce the resulting loss and damage