Mind map

Understand Contract Law

de.briggs English

Mind map: Contract law

Map content

Accord & Satisfaction
- Substitute one contract for another 
- Injuction
  - Court order that prevents a party from performing 
Actual Damages
- Damages DIRECTLY related to breach 
- Assignee
  - Party to whom right is transferred 
  - Nominal Damages
    - Punitive Damages
      - Tender of Performance
        Offer to Perform 
- Complete Performance
  - All terms have been carried out properly & completely 
- Wrongful Alteration
Anticipatory Breach
- Notified to a party 
- Delegation
  - Transfer a duty 
Assignment
- Legally transferring your rights in a contract 
- Consequential Damages
  - Damages that do not flow directly from the breach 
  - Statue of Limitations
Assignor
- Party who transfers the right 
Breaching a contract
- Failure to preform one or more promises in a contract 
Compensatory Damages
- Award only for injuries suffered- nothing more
- Incidental Damages
  - Reasonable damages 
- Speculative
Liquidated Damages
- Anticipated damages agreed upon before 
- Satisfactory Performance
- Substantial Performance
Mutual Release
- Each side releases the other side from the contract