Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pania agreed to write software codes for a reasonable price for a video game being produced by Mindbinder, Inc. When Pania submitted a bill for

Pania agreed to write software codes for "a reasonable price" for a video game being produced by Mindbinder, Inc. When Pania submitted a bill for $5,000, Mindbinder believed that a reasonable amount for the work was $3,000 and sent Pania a check for that amount with a notation on the check, "Payment in full." 


Discuss what would be this case refer to and what will be the conclusion for that?

Step by Step Solution

3.50 Rating (150 Votes )

There are 3 Steps involved in it

Step: 1

This situation involves a legal concept known as accord and satisfaction Accord and satisfaction occ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Legal Environment of Business A Managerial Approach Theory to Practice

Authors: Sean Melvin, Enrique Guerra Pujol

3rd edition

1259686205, 978-1259686207

More Books

Students also viewed these Law questions

Question

2-10 Why is the term manufacturing expenses a misnomer?

Answered: 1 week ago