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Accord and Satisfaction

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Manage episode 390434234 series 13667
Content provided by Chicago Legal Latte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chicago Legal Latte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
If a business is disputing an amount owed to them from a customer or vendor they need to be careful about accepting and depositing payments that are labeled Payment in Full. Lavelle Law Shareholder Jennifer Tee discusses the legal concept of Accord and Satisfaction and outlines steps businesses should take when processing payments to prevent accepting payments that are less than what is owed.
  continue reading

305 episodes

Artwork

Accord and Satisfaction

Chicago's Legal Latte

31 subscribers

published

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Manage episode 390434234 series 13667
Content provided by Chicago Legal Latte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chicago Legal Latte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
If a business is disputing an amount owed to them from a customer or vendor they need to be careful about accepting and depositing payments that are labeled Payment in Full. Lavelle Law Shareholder Jennifer Tee discusses the legal concept of Accord and Satisfaction and outlines steps businesses should take when processing payments to prevent accepting payments that are less than what is owed.
  continue reading

305 episodes

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