Matching Pairs BA 18 Key Terms Pt 2 Online version Ch. 9-14 Review by Ilse Reyes 1 Adhesion contract 2 Accord and Satisfaction 3 American Rule 4 English Rule 5 Undue influence 6 Fiduciary duty 7 Implied Ratification 8 Duress 9 Delegation 10 Mitigate damages 11 Assignment 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. The first assignee receives the rights Use of unlawful manipulation to get a person to agree to a contract. The first assignee to notify the promisor receives the rights When a party transfers one or more duties in a contract to a third party an obligation to act in the best interest of another party The innocent party in a breached contract has to try to minimize the damages they suffer A contract drafted by a party in a powerful position that forces the other party to accept unfavorable conditions Agreement to accept performance different from that required in the original contract When a party transfers one or more rights in a contract to a third party
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