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October 1997

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Subject:
Re: Accord and Satisfaction -Reply
From:
Carol J Miller <[log in to unmask]>
Reply To:
Academy of Legal Studies in Business (ALSB) Talk
Date:
Wed, 15 Oct 1997 14:36:14 -0600
Content-Type:
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This provision of the UCC has been interpreted differently by different
states.   In some states "payment in full" on the check (or other
appropriate language) prevents the creditor from subsequently collecting
the balance of the debt if the creditor cashes the check.  In other states it
does not.    How specific the language has to be also varies from state
to state.

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