Assignment of Rights
A person who is not a party to a contract but is intended by the contracting parties to benefit as a consequence of a contract.
Who is a third-party beneficiary?
A personal representative named in a will to handle matters involving an estate of a deceased person.
Who is an executor?
A money offer of payment of an obligation.
What is tender of payment?
Damages used to punish a defendant for wrongful conduct.
What are punitive damages?
He played Lt. Daniel Kaffee in A Few Good Men and Mitch McDeere in The Firm.
Who is Tom Cruise?
The person who transfers his or her rights in an assignment.
Who is an assignor?
A sale in which goods are sold to the highest bidder.
What is an Auction Sale?
A written note or letter in which one person promises to pay a certain amount of money to another at a definite time.
What is a promissory note?
A court order prohibiting the performance of a certain act.
What is a restraining order?
She played Elle Woods in Legally Blonde.
Who is Reese Witherspoon?
The third party to whom right are transfered in an assignment.
Who is an assignee?
A personal representative named by the court to perform as the executor.
Who is an administrator?
What is breach of contract?
A permanent court order prohibiting the performance of a certain act.
What is an injunction?
He played Jake Brigance in A Time to Kill and Mickey Haller in The Lincoln Lawyer.
Who is Matthew McConaughey?
A person who will benefit as an indirect consequence of a contract., although that was not the intent of contracting parties.
Who is an incidental beneficiary?
A law requiring certain contracts to be in writing to be enforceable.
What is the Statute of Frauds?
When unforeseen circumstances make it impossible to fulfill the term of a contract
What is impossibility of performance?
A court order direction a person to perform - or not perform - as they agreed to do in a contract.
What is specific performance?
He played Rusty Sabich in Presumed Innocent. Most famously known for his role as Hans Solo.
Who is Harrison Ford?
The party who guarantees the promises asigned.
The rule that any spoken or written words in conflict with what the written contract states cannot be introduced as evidence to a court of law.
What is the parole evidence rule?
A doctrine that states that where both parties know purpose of the contract and, through no fault of either party, the reason for the contract no longer exisits.
What is frustration of purpose?
A statement wherein damages are explicitly set in the event on of the parties breaches an agreement.
What is a liquidated damages clause?
He played Joe Miller in Philadelphia. Also played a coach in Remember the Titans.
Who is Denzel Washington?