Assume that you are an accountant who works for a Firm. Your boss has given you the
Question:
Assume that you are an accountant who works for a Firm. Your boss has given you the assignment to find out from the legal department how to deal with a legal matter regarding a former client, Mike Goldman. After being consulted by the legal department, you are to draft a business letter addressed to your boss, Eve Weitz, explaining the information that was given to you by the legal department.
Your boss informs you that the former client, Mr. Goldman, entered a written and signed a contract with the Firm on February 2, 2018, under which Mr. Goldmanagreed to pay the Firm. $20,000 for accounting services. The accounting services that Mr. Goldman contracted for were recently completed.
Nevertheless, Mr. Goldman has informed the Firm that, in his opinion, the accountant that handled his account did a subpar As a result, he does not feel that he should pay the Firm the $20,000 as per the contract. He has been calling the office arguing about this matter for the past couple of weeks. He is willing to send a check for $10000 as full payment for accounting services.
In the letter to Ms. Weitz, specifically discuss and explain the legal consequence, if any, if Mr. Goldman sends $10000 to the office, without any negotiations with the firm, and the firm accepts that payment and deposits the check.
- Would the firm be able to later sue for the test of the 10,000$?
- What does the legal law say about this type of dispute/debt?
Business
ISBN: 978-1133595854
12th edition
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor