An Accord and Satisfaction Discharges the Original Contract Upon the Formation

question 45

True/False

An accord and satisfaction discharges the original contract upon the formation of the accord.

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Definitions:

Specific Subject Matter

The particular focus or theme of a legal document, agreement, or discussion.

Destroyed

Rendered useless or completely obliterated.

Breach Of Contract

Occurs when one party in a binding agreement fails to deliver according to the terms of the agreement.

Anticipation Of Delivery

Expectation or preparation for the receipt of goods or items that have been ordered, prior to their actual arrival.