Question
In general, settlements of liquidated debts are not binding due to the absence of consideration, while settlements of unliquidated debts are a binding accord and
In general, settlements of liquidated debts are not binding due to the absence of consideration, while settlements of unliquidated debts are a binding accord and satisfaction. As a matter of technical consideration law, what justifies this distinction?
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The Legal And Regulatory Environment Of Business
Authors: Marisa Anne Pagnattaro, Daniel R. Cahoy, Julie Manning Magid, O. Lee Reed, Peter J. Shedd
18th Edition
1259917126, 1259917127, 978-1259917127
