Understand Contract Law

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• Substitute one contract for another 

1. Injuction

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   • Court order that prevents a party from performing 

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• Damages DIRECTLY related to breach 

1. Assignee

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   • Party to whom right is transferred 
   1. Nominal Damages
      1. Punitive Damages
         1. Tender of Performance

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            • Offer to Perform 
2. Complete Performance

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   • All terms have been carried out properly & completely 
3. Wrongful Alteration

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• Notified to a party 

1. Delegation

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   • Transfer a duty 

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• Legally transferring your rights in a contract 

1. Consequential Damages

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   • Damages that do not flow directly from the breach 
   1. Statue of Limitations

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• Party who transfers the right 

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• Failure to preform one or more promises in a contract 

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• Award only for injuries suffered- nothing more

1. Incidental Damages

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   • Reasonable damages 
2. Speculative

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• Anticipated damages agreed upon before 

1. Satisfactory Performance
2. Substantial Performance

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• Each side releases the other side from the contract