Relier Pairs BA 18 Key Terms Pt 2 Version en ligne Ch. 9-14 Review par Ilse Reyes 1 American Rule 2 Accord and Satisfaction 3 Implied Ratification 4 Duress 5 Adhesion contract 6 Assignment 7 Undue influence 8 Mitigate damages 9 English Rule 10 Fiduciary duty 11 Delegation When a party transfers one or more rights in a contract to a third party Use of coercion to force a person into a contract against their will 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 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 unlawful manipulation to get a person to agree to a contract. The first assignee to notify the promisor receives the rights The first assignee receives the rights The innocent party in a breached contract has to try to minimize the damages they suffer Agreement to accept performance different from that required in the original contract
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