Agreement Satisfaction Sample With Answers - Agreement for Accord and Satisfaction with Amount of Claim Undetermined

• Category: Contratos - Acuerdo y Satisfacción
• State: Multi-State
• Control #: US-0142BG
• Format: Word

Description

The parties may agree to a different performance. This is called an accord. When the accord is performed, this is called an accord and satisfaction. The original obligation is discharged (deemed satisfied). An example would be settlement of a lawsuit for breach of contract. The parties might settle for less than the amount called for under the contract. This agreement shows a situation where the total amount of the claim cannot be determined because of the insufficiency or inadequacy of the records of both parties. Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.