Question: An accord is a compromise reached between two ( 2 ) parties to settle a claim. True False

An accord is a compromise reached between two (2) parties to settle a claim.
True
False
An accord is a compromise reached between two (2) parties to

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

please reply in 10 minutes thank you [Checkbox: 1-4 may need to be checked] In addition to a judicial decision 1 point (either by judge alone or judge and jury) in court, legal battles can settle by:...

Q:

FINAL EXAM Spring 2016 ASCM 627 INSTRUCTIONS - PLEASE READ THEM The first ten questions are true/false and are worth one point each. Questions 11 through 24 are worth 5 points each and you should be...

Q:

1. Three of the following are remedies of the buyer in case of the breach of warranty by the seller. Which is not included? a. Rescind the contract of sale and refuse to accept the thing or if...

Q:

In a majority of states, a minor can avoid a contract if the minor can return all of the benefits received from the other party. True False 2 points QUESTION 2 When both parties are minors, neither...

Q:

The executive branch consists of the President and the administrative officers/agencies. True False The Legislative branch legislates consists of the senate and the house of representatives. True...

Q:

How are a sole proprietorship and a partnership similar? There is no legislation affecting either type of business. Both require special steps to create. Neither is a legal entity with capacity to...

Q:

1.(318) It is proper for a motor carrier to withhold delivery of a shipment because the shipper or consignee has not paid past freight bills. Group of answer choices True False Flag question:...

Q:

/ 12 0 100% STATEMENT 1 Consolidated Results of Operations for the Year Ended December 31 Caterpillar Inc. 51.22 $ $ 35.773 2.900 42.675 2,786 45,462 2.754 54,722 30,537 36.997 5.478 1. SO 31.260...

Q:

11.Amy, a minor, disaffirmed her agreement to buy $400 worth of cosmetics from Sephodi Company. She had used up all the eye shadows, lipsticks, and powders. The general rule is that she may: a....

Q:

Most debt in the United States is created by ________________________. Group of answer choices Statute Court Judgments Contract None of the above Flag question: Question 2 Question 21 pts Secured...

Q:

Analyze the data of Exercise 16.1 by using the signed-rank test.

Q:

A warehouse can be purchased for $90 000. After 20 years the property will have a residual value of $30 000. Alternatively, the warehouse can be leased for 20 years at an annual rent of $10 000...

Q:

CA3.2 (LO 1) Groupwork (Earnings Management) Bobek Industries has recently reported steadily increasing income. The company reported income of 20,000 in 2022, 25,000 in 2023, and 30,000 in 2024. A...

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...