Book Opener

Consider the key terms in the list below. Then use these terms tocomplete the following exercises.assignmentdelegationnovationprivity of contractthird-party beneficiaryanticipatory breachdamagesmitigation of damages1. Write a short story about a contract that has been transferred andbreached, using as many of the terms as possible.2. Create illustrations to highlight the important points in yourstory. Include these illustrations in your story.3. Exchange stories with a classmate. Read your classmate’s story,noting interesting perspectives and styles.4. Offer constructive criticism to help your partner improve his orher story. Point out strengths and weaknesses. Make sure all legallanguage is used correctly.5. Reflect on your partner’s suggestions regarding your story.Self-Check Quiz Visitthe UnderstandingBusiness and PersonalLaw Web site atubpl.glencoe.com andclick on Chapter 12:Transfer of Contractsand Remedies forBreach—Self-CheckQuizzes to prepare forthe chapter exam.Answer the following questions. Refer to the chapter for additional reinforcement.6. When rights are transferred, who is the assignor? Who is the assignee?7. Why is it important for an assignment to be in writing?8. What duties cannot be delegated to others?9. Define the principle of mitigation of damages.10. Describe the two chief equitable remedies.11. What is an injunction?12. How do actual damages differ from incidental damages?13. Why is it usually a bad idea to sue for breach of contract that did notcause actual loss?14. What is a third-party beneficiary?15. Why do courts award damages to injured parties?Chapter 12: Transfer of Contracts and Remedies for Breach 257