Wichita Kansas Agreement for Accord and Satisfaction of a Disputed Claim

State:
Multi-State
City:
Wichita
Control #:
US-00435BG
Format:
Word; 
Rich Text
Instant download

Description

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. In order for there to be an accord and satisfaction, there must be a bona fide dispute; an agreement to settle the dispute; and the performance of the agreement. An example would be settlement of a lawsuit for breach of contract. The parties might settle for less than the amount called for under the contract.

Form popularity

FAQ

The three elements of Accord and Satisfaction include a dispute over the original claim, a new agreement between the parties, and the performance of that agreement. First, both sides recognize that there is a difference in the owed amount or terms. Then, they create a new agreement, such as a Wichita Kansas Agreement for Accord and Satisfaction of a Disputed Claim, and finally, both must fulfill the terms laid out in their agreement to settle the dispute.

An example of Accord and Satisfaction can be seen when a creditor agrees to accept a lesser amount than what is owed to settle a disputed claim. Imagine you owe $5,000 but the creditor agrees to accept $3,000 as full payment in exchange for a release from the debt. This is recorded in a Wichita Kansas Agreement for Accord and Satisfaction of a Disputed Claim, ensuring that both parties recognize the agreement's terms.

Wichita first earned the title of Air Capital of the World in 1928, when the city's 16 aircraft manufacturers rolled out 120 airplanes off the production lines each week. At that time, one out of every four U.S.-built airplanes came from Wichita.

Wichita is known as the "Air Capital of the World." Wichita is the birthplace of Pizza Hut and White Castle fast-food chains. A.A. Hyde discovered Mentholatum in 1894 in the current The Spice Merchant & Company building.

Table Population Hispanic or Latino, percent(b) ?? 17.6% ?? 19.1% White alone, not Hispanic or Latino, percent ?? 61.6% ?? 58.9% Population Characteristics Veterans, 2018-2022 20,648 17,038,80757 more rows

With a crime rate of 44 per one thousand residents, Wichita has one of the highest crime rates in America compared to all communities of all sizes - from the smallest towns to the very largest cities. One's chance of becoming a victim of either violent or property crime here is one in 23.

Wichita growing, but not as fast as other major metros One reason for this is because Wichita is still recovering from the Great Recession and the exodus of working families that came with it, Hill said.

(9.97%) The 5 largest ethnic groups in Wichita, KS are White (Non-Hispanic) (61.9%), Black or African American (Non-Hispanic) (9.97%), White (Hispanic) (8.65%), Other (Hispanic) (4.84%), and Asian (Non-Hispanic) (4.76%). Wichita, KS - Data USA datausa.io ? profile ? geo ? wichita-ks datausa.io ? profile ? geo ? wichita-ks

The name Wichita comes from the Wichita Indians, who settled at various times in the vicinity, and means either "scattered lodges" or "painted faces," depending on which historian you ask. In 1868, a Wichita Town Company was organized with Mead and six others as original incorporators.

Wichita is a city in Kansas with a population of 395,951. Wichita is in Sedgwick County and is one of the best places to live in Kansas. Living in Wichita offers residents a dense suburban feel and most residents own their homes. In Wichita there are a lot of coffee shops and parks.

Interesting Questions

Trusted and secure by over 3 million people of the world’s leading companies

Wichita Kansas Agreement for Accord and Satisfaction of a Disputed Claim