An accord and satisfaction does not replace the original contract; rather, it suspends that contract’s ability to be enforced, provided that the terms of the accord are satisfied as agreed upon.

An accord and satisfaction can be reached whereby the homeowner agrees to pay $3,000. Essentially, they are getting a discount on the price of the shoddily constructed kitchen in return for giving ...

However, as per the final bullet, she can get out of the accord and satisfaction (and still insist on full payment) by offering to repay Charles his $200 within 90 days.

There's a legal principal called accord and satisfaction which says that people can settle a dispute they're having if one party agrees to take something other than what he originally thought he ...

To establish an accord and satisfaction, the contractor had to prove that (1) it tendered the amount in good faith and in complete satisfaction of the claim; (2) the amount of the claim was ...

Relying upon this agreement as an accord and satisfaction, the plaintiff's counsel allowed his default to be taken, and now moved to have the default opened.