Accord And Satisfaction in Europe
Definition of Accord And Satisfaction
A defence to an action consisting of two parts, one being an agreement that the debtor shall do or pay, and that the claimant shall accept, something in satisfaction of the cause of” action : the accord ; and the other being the actual execution of such agreement : the satisfaction. There must be consideration to support such an agreement. See Cumber v. Wane
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Definition of Accord And Satisfaction is, temporally, from A Concise Law Dictionary (1927). This page needs to be proofread.
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