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 34 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
Great answer, keep it coming :)


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library