Accord Satisfaction

Share This
« Back to Glossary Index

Where two parties to a contract have agreed to accept new terms that differ from the original contract as a way of resolving a contractual dispute

An accord and satisfaction is when a new agreement is reached between two contracting parties by mutually accepting different terms in order to discard the previous contract terms and which better reflects the contracting parties original intent.

Related Articles

Consumer Rights Lawyers: Everything You Need To Know

May 2, 2023
Consumer rights lawyers, also known as consumer protection lawyers, protect and defend the legal rights of consumers. Depending on the facts of your case, the consumer lawyer will discuss what remedies may be available to you under your state and federal consumer protection laws. Consumer Rights And Protection Lawyers - What They Do  Consumer Protection…
Read more →

Federal Product Warranty Laws

May 2, 2023
Federal Product Warranty Protections For Consumers Federal consumer protections apply to the sale of consumer products, defined as "any tangible personal property which is distributed in commerce and which is normally used for personal, family or household purposes." Two Major Federal Laws Protecting Consumers Much of the Federal Consumer Sales Law can be found in…
Read more →

Understanding Warranty Law: Your Rights Explained

May 2, 2023
Common Questions About Warranty Law Today, new or preowned products are almost always covered by either an express, limited, or implied warranty. This article covers the basic concerns consumers have about warranty law. Should your warranty concerns relate to the purchase or sale of a vehicle or what to do if you believe you have…
Read more →

Small Claims Court: Affordable Resolution for Minor Disputes

May 2, 2023
Small Claims Court Small Claims court provides people with an inexpensive way to litigate low-dollar civil disputes quickly, inexpensively, and without needing a lawyer. Most of the time, Small Claims judges are members of the local bar and practicing lawyers. Not Every Claim Is Suitable For Small Claims For example, in many jurisdictions, you are…
Read more →

Affiliate disclosure

GotTrouble.org is a one-stop free and open consumer information and expert resource.

Our information helps guide people through the complexity of life-changing legal, financial, and emotional challenges.

One way of doing this is by providing our visitors with a wide range of third-party resources. Some of which are affiliates.

Should you visit an affiliate, we will disclose this fact, and we may earn a commission. We ask that you use your independent judgment in deciding whether an offered service or product fits your needs and purposes.

If you have questions, please get in touch with us at inquiries@GotTrouble.org.