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 94 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
Thanks for the timely response, appreciate it


covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library