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