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Author Question: Explain briefly how an accord and satisfaction works. What will be an ideal ... (Read 81 times)

dollx

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on: Aug 3, 2018
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


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jsm54321

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Reply #1 on: Aug 3, 2018
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

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Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it

mammy1697

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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