Relier Pairs BA 18 Key Terms Pt 2 Version en ligne Ch. 9-14 Review par Ilse Reyes 1 Delegation 2 Accord and Satisfaction 3 Mitigate damages 4 Fiduciary duty 5 Duress 6 American Rule 7 Assignment 8 Undue influence 9 Implied Ratification 10 Adhesion contract 11 English Rule 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 The first assignee receives the rights Agreement to accept performance different from that required in the original contract The first assignee to notify the promisor receives the rights 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 an obligation to act in the best interest of another party Use of coercion to force a person into a contract against their will
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