Accepting Accord Consideration Deemed Satisfaction.

  1. Law
  2. Code of Alabama
  3. Commercial Law and Consumer Protection.
  4. Contracts.
  5. Accord and Satisfaction.
  6. Accepting Accord Consideration Deemed Satisfaction.

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Section 8-1-22

Accepting accord consideration deemed satisfaction.

Acceptance of the consideration of an accord extinguishes the obligation and is called satisfaction.

(Code 1923, §5642; Code 1940, T. 9, §3.)


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