Relier Pairs BA 18 Key Terms Pt 2 Version en ligne Ch. 9-14 Review par Ilse Reyes 1 Assignment 2 American Rule 3 Fiduciary duty 4 Undue influence 5 Mitigate damages 6 Delegation 7 English Rule 8 Accord and Satisfaction 9 Duress 10 Adhesion contract 11 Implied Ratification an obligation to act in the best interest of another party The conduct of a party shows approval of a contract, even if they haven’t verbally approved it. When a party transfers one or more duties in a contract to a third party Use of coercion to force a person into a contract against their will Agreement to accept performance different from that required in the original contract The innocent party in a breached contract has to try to minimize the damages they suffer Use of unlawful manipulation to get a person to agree to a contract. When a party transfers one or more rights in a contract to a third party A contract drafted by a party in a powerful position that forces the other party to accept unfavorable conditions The first assignee to notify the promisor receives the rights The first assignee receives the rights
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