Understanding contract law

accord and satisfaction
Nota:
- substitute one contract for another
actual damages
Nota:
- damages directly related to breach
anticipatory breach
Nota:
- notified that a party will not fullfill their part by the end of the termination
assignee
Nota:
- party to whom the rights are given
assignor
Nota:
- party who gives the rights
compensatory damages
Nota:
- payment for injuries and damages
1. satisfactory
  Nota:
  - both agree
injunction
Nota:
- court order that prevents a party from preforming an act
breaching a contract
Nota:
- failure to perform one or ore promises
complete promises
Nota:
- all terms have been completed properly
delegation
Nota:
- trnasfer duty
consequential damages
Nota:
- damages that do not fall under breach
incidential damages
Nota:
- reason expenses that arise indirectly from breach of contract
nominal damages
Nota:
- award to prove legal
mutual release
Nota:
- both parties release each other from contract
liquidated damages
Nota:
- anticipated damages agreed
punitive damages
Nota:
- damages in excess
tender of performance
Nota:
- offer to perform

Resumen del Recurso

	Creado por William Johnson7314 hace casi 9 años