Contractual Assignment and delegation

Contractual Assignment and delegation - indicates a...

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I. Contractual Assignment and delegation a. One of the parties with the contract with the consent of the other party transfers all contractual duties and benefits to a third party b. Basically transferring all of your duties, responsibilities and benefits to a third party II. Contractual delegation a. One of the parties in the contract transfers contractual duties in performance only. Remains responsible and reliable for the contract in case of a breach i. Sub-contractor III. A Breach of contract is when one of the parties in the agreement fail to perform there end of the bargain a. Major or material b. Minor or incedental Breach c. Anticipatory i. One of the parties to the contract prior to contract time
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Unformatted text preview: indicates a unwillingness or ability to perform there end of the bargain IV. Duress- does not voluntary arise to the occasion and does voluntarily agree to the contract but rather agrees to the contract as a result of an imminent threat to ones personal party V. Restricted Covenant-a limited contract. Relates to non-complete clauses in an employment contract. Have been enforced but only to the extent that they are reasonable, If not reasonable then the courts can enforce it. a. Time Restraints imposed b. Geographical constraints imposed upon the employee c. Court will inquire as to the employees ability to secure gainful employment elsewhere...
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This note was uploaded on 12/02/2010 for the course LEGAL 01 taught by Professor Vogoul during the Spring '08 term at Hofstra University.

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Contractual Assignment and delegation - indicates a...

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