Settlement Offer Letter from a Business Regarding a Disputed Account

 Settlement Offer Letter from a Business Regarding a Disputed Account
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State:
Multi-State
Control #:
US-01213BG
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Description

A contract is usually discharged by performance of the terms of the agreement. However, 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. The following form is a sample of a letter accompanying a check tendered in settlement of a claim that is in dispute.

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