A contract is usually discharged by performance of the terms of the agreement. However, 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.
Where a claim is disputed, and where the creditor fails to reject a check for a lesser amount remitted to the creditor by the debtor on the clear condition that it be accepted in full satisfaction, the acceptance on the part of the creditor amounts to an accord and satisfaction of the creditor's larger claim. No particular language is required to be used by a debtor in making a tender of a check in full settlement of a claim against the debtor, so long as the tender clearly indicates that acceptance by the creditor of the amount offered must be in full satisfaction of the claim.
The following form is a sample of a notice accompanying a check tendered in settlement of a claim that is in dispute.
The Kings New York Notice Accompanying Check Tendered in Settlement of Disputed Claim is a legal document that serves as a formal communication between parties involved in a dispute. This notice outlines the terms and conditions under which a check is tendered to resolve a disputed claim. It provides a detailed description of the situation, the reasons for the dispute, and the proposed resolution. Keywords: Kings New York, Notice Accompanying Check, Settlement, Disputed Claim, Legal Document, Communication, Terms and Conditions, Check Tendered, Resolution. Types of Kings New York Notice Accompanying Check Tendered in Settlement of Disputed Claim: 1. Personal Injury Claim: In cases involving personal injury, the Kings New York Notice Accompanying Check Tendered in Settlement of a Disputed Claim outlines the specific injuries suffered, medical treatments received, and the proposed monetary compensation to settle the claim. 2. Property Damage Claim: For disputes related to property damage, this notice provides a detailed description of the damaged property, the estimated repair or replacement cost, and the proposed settlement amount. 3. Employment Dispute: In situations where an employer and an employee are involved in a dispute, the Kings New York Notice Accompanying Check Tendered in Settlement of a Disputed Claim outlines the issues at hand, the terms of the settlement agreement, including monetary compensation or employment benefits. 4. Contract Dispute: This type of notice is used to settle contract disputes. It includes an explanation of the breach of contract, the losses suffered by the injured party, and the proposed settlement amount to resolve the claim. 5. Insurance Claim: When dealing with insurance disputes, this notice specifies the nature of the claim, the coverage provided under the policy, and the amount offered by the insurance company as a settlement. 6. Consumer Complaint: In cases where consumers have filed complaints against a business or seller, the Kings New York Notice Accompanying Check Tendered in Settlement of a Disputed Claim outlines the nature of the consumer complaint, the proposed resolution, and any compensation offered. It is important to note that the specific types of Kings New York Notice Accompanying Check Tendered in Settlement of Disputed Claim vary depending on the nature of the dispute and the jurisdiction in which it is filed.The Kings New York Notice Accompanying Check Tendered in Settlement of Disputed Claim is a legal document that serves as a formal communication between parties involved in a dispute. This notice outlines the terms and conditions under which a check is tendered to resolve a disputed claim. It provides a detailed description of the situation, the reasons for the dispute, and the proposed resolution. Keywords: Kings New York, Notice Accompanying Check, Settlement, Disputed Claim, Legal Document, Communication, Terms and Conditions, Check Tendered, Resolution. Types of Kings New York Notice Accompanying Check Tendered in Settlement of Disputed Claim: 1. Personal Injury Claim: In cases involving personal injury, the Kings New York Notice Accompanying Check Tendered in Settlement of a Disputed Claim outlines the specific injuries suffered, medical treatments received, and the proposed monetary compensation to settle the claim. 2. Property Damage Claim: For disputes related to property damage, this notice provides a detailed description of the damaged property, the estimated repair or replacement cost, and the proposed settlement amount. 3. Employment Dispute: In situations where an employer and an employee are involved in a dispute, the Kings New York Notice Accompanying Check Tendered in Settlement of a Disputed Claim outlines the issues at hand, the terms of the settlement agreement, including monetary compensation or employment benefits. 4. Contract Dispute: This type of notice is used to settle contract disputes. It includes an explanation of the breach of contract, the losses suffered by the injured party, and the proposed settlement amount to resolve the claim. 5. Insurance Claim: When dealing with insurance disputes, this notice specifies the nature of the claim, the coverage provided under the policy, and the amount offered by the insurance company as a settlement. 6. Consumer Complaint: In cases where consumers have filed complaints against a business or seller, the Kings New York Notice Accompanying Check Tendered in Settlement of a Disputed Claim outlines the nature of the consumer complaint, the proposed resolution, and any compensation offered. It is important to note that the specific types of Kings New York Notice Accompanying Check Tendered in Settlement of Disputed Claim vary depending on the nature of the dispute and the jurisdiction in which it is filed.
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.