This document provides an overview of key concepts related to third party rights, discharge of contractual obligations, breach of contract, and available remedies. It defines and distinguishes assignments and delegations, intended and incidental third party beneficiaries, types of contractual discharge including performance, breach, and agreement or operation of law. It also outlines compensatory and consequential damages, nominal damages, mitigation of damages, liquidated damages versus penalties, and equitable remedies including rescission, restitution, specific performance, and reformation.

1. CHAPTER 9 Third Party Rights, Discharge, Breach, and Remedies