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Chapter 9

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Question
Answer
Alienation   The process of transferring land out of one's possession.  
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Anticipatory Repudiation   An assertion or action by a party indicating that he or she will not perform an obligation that the party is contractually obligated to perform at a future time.  
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Assignee   A party to whom the rights under a contract are transferred, or assigned.  
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Assignment   The act of transferring to another all or part of one's rights arising under a contract.  
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Assignor   A party who transfers his or her rights under a contract to another party.  
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Breach Of Contract   The failure, without legal excuse, of a promisor to perform the obligations of a contract.  
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Commercial Impracticability   Doctrine under which a seller may be excued from performing a contract when (1 a contingency occurs,(2 the contingency's occurance makes performance impracticable, and (3 nonoccurance of the contingency was basic assumption non which the contract was made  
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