Alabama Statutes
§ 8-1-20 — “Accord” Defined
Alabama·Title 8 Commercial Law and Consumer Protection·Ch. 1 Contracts·Art. 2 Accord and Satisfaction
An “accord” is an agreement to accept in extinction of an obligation something different from or less than that to which the person agreeing to accept is claiming or entitled.
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Legislative History
(Code 1923, §5640; Code 1940, T. 9, §1.)
Nearby Sections
15
§ 8-1-120
Definitions