BLawReview2

BLawReview2 - Chapters 9, 10, and 13 1. Assignment of a...

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Unformatted text preview: Chapters 9, 10, and 13 1. Assignment of a Contract- The act by which a party transfers contract rights to a third person 2. Agents conflict of interest- 3. Duty of Good Faith Under UCC- 4. Parole evidence rule- Written or oral evidence, outside the language of a contract, offered by on eparty to clarify interpretation of the agreement 5. Implied authority of an Agent- When a principal directs an agent to undertake a transaction, the agent has the right to do acts that are incidental to it, usually accompany it, or are reasonably necessary to accomplish it 6. Who is liable when an agent negligently hurts a customer? - 7. Not competitor clause- 8. Remedies available in a fraudulent contract- 9. Delegation of Duties-The act by which a party to a contract transfers duties to a third person who is not a party to the contract 10. Real estate agent contract in writing- 11. Assignment of Rights-The act by which a party transfers contract rights to a third person 12. Unilateral Contract-A binding agreement in which one party has made an offer that the other can accept only by action, not words 13. Bilateral Contract-A binding agreement in which each party has made a promise to the other...
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This note was uploaded on 04/14/2008 for the course MANA 20153 taught by Professor Michael during the Spring '08 term at TCU.

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BLawReview2 - Chapters 9, 10, and 13 1. Assignment of a...

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