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 Michigan Notice Accompanying Check Tendered in Settlement of Disputed Claim is a legal document that serves as a notice to the claimant, providing information regarding the enclosed check and its purpose. This notice is used in the state of Michigan to formalize the resolution of a disputed claim between two parties. It signifies that one party has agreed to settle the claim by providing a monetary compensation through a check. Keywords: Michigan, notice, check tendered, settlement, disputed claim, legal document, claimant, enclosed check, resolution, parties, monetary compensation. Different types of Michigan Notice Accompanying Check Tendered in Settlement of Disputed Claim can include: 1. Michigan Notice Accompanying Check Tendered in Settlement of Property Damage Claim: This notice is used when a claim involves damage to property, such as a vehicle, home, or other assets. 2. Michigan Notice Accompanying Check Tendered in Settlement of Personal Injury Claim: This notice is specific to claims related to personal injuries, including medical expenses, pain and suffering, and other damages caused by the negligence of another party. 3. Michigan Notice Accompanying Check Tendered in Settlement of Employment Dispute Claim: This notice is used in cases where an employee has filed a dispute or claim against their employer for issues such as wrongful termination, discrimination, or unpaid wages. 4. Michigan Notice Accompanying Check Tendered in Settlement of Contract Dispute Claim: This notice is utilized when there is a disputed claim arising from a breach of contract or disagreement over contractual obligations. Note: These are general examples of different types of notices; however, the actual types may vary based on the specific nature of the claim being settled.The Michigan Notice Accompanying Check Tendered in Settlement of Disputed Claim is a legal document that serves as a notice to the claimant, providing information regarding the enclosed check and its purpose. This notice is used in the state of Michigan to formalize the resolution of a disputed claim between two parties. It signifies that one party has agreed to settle the claim by providing a monetary compensation through a check. Keywords: Michigan, notice, check tendered, settlement, disputed claim, legal document, claimant, enclosed check, resolution, parties, monetary compensation. Different types of Michigan Notice Accompanying Check Tendered in Settlement of Disputed Claim can include: 1. Michigan Notice Accompanying Check Tendered in Settlement of Property Damage Claim: This notice is used when a claim involves damage to property, such as a vehicle, home, or other assets. 2. Michigan Notice Accompanying Check Tendered in Settlement of Personal Injury Claim: This notice is specific to claims related to personal injuries, including medical expenses, pain and suffering, and other damages caused by the negligence of another party. 3. Michigan Notice Accompanying Check Tendered in Settlement of Employment Dispute Claim: This notice is used in cases where an employee has filed a dispute or claim against their employer for issues such as wrongful termination, discrimination, or unpaid wages. 4. Michigan Notice Accompanying Check Tendered in Settlement of Contract Dispute Claim: This notice is utilized when there is a disputed claim arising from a breach of contract or disagreement over contractual obligations. Note: These are general examples of different types of notices; however, the actual types may vary based on the specific nature of the claim being settled.
