Mapa mental
Understand Contract Law

Mind map: Contract law
Conteúdo do mapa
Understand Contract Law
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
- Tender of Performance
- Punitive Damages
- 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