Language of the Law
- privity of contract
- specific performance
- mitigation of damages
- anticipatory breach
- third-party beneficiary
- An assignment is the transfer of a right under a contract and a dlegation is the transfer of a duty.
- Rights to the payment of money and rights to the delivery of goods are the most common types of rights that are assigned.
- Duties that require personal skill and judgement, such as the duties of teachers, writers, artists, or entertainers can’t be delegated.
- A third party beneficiary is a person who may enforce a contract made specifically for his or her benefit. They may enforce a contract when it is made specifically for that person’s benefit.
- a breach of a contract is when one party fails to do what he or she agrees to do. One example is is if someone agrees to build a house but they dont.
- Accept the breach, sue for money damages, or ask the court to order the other party to do what he or she agreed to do.