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