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BL Chp 13 CONTRACTUAL DUTIES vocab

AB
accordagreement to contract to change obligation
alterationmaterial change to a contract
anticipatory breachnotifying before scheduled performance of refusal to perform
assignmentparties transfer contractual rights to another
breach of contractfailure to perform legal duty or agreement
defaultfailure to perform legal duty or agreement
delegation of dutiesturning over contractual duties to another
major breacha breach that does not alter the other party's duty to perform
novationcontractual party's release of other party for substitute party
substitutionreplacement of original with another
substantial performanceperformance of all but a minor contractual duty
tenderoffer to perform an obligation


Business Instructor
Belleville East High School
Belleville, IL

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