This topic contains a solution. Click here to go to the answer

Author Question: Explain briefly how an accord and satisfaction works. What will be an ideal ... (Read 78 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
Explain briefly how an accord and satisfaction works.
 
  What will be an ideal response?

Question 2

Compensatory damages are typically awarded in negligence cases and are designed to compensate the victim for the harm suffered.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jsm54321

  • Sr. Member
  • ****
  • Posts: 328
Answer to Question 1

An accord and satisfaction occurs when a party who owes performance under a contract offers a lesser amount of performance in full discharge of his obligations, and the other party accepts that lesser performance.

Answer to Question 2

true




dollx

  • Member
  • Posts: 558
Reply 2 on: Aug 3, 2018
YES! Correct, THANKS for helping me on my review


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

For a complete list of videos, visit our video library