2016 Code of Alabama
Title 8 - COMMERCIAL LAW AND CONSUMER PROTECTION.
Chapter 1 - CONTRACTS.
Article 2 - Accord and Satisfaction.
Section 8-1-20 - "Accord" defined.

AL Code § 8-1-20 (2016) What's This?
Section 8-1-20"Accord" defined.

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.

(Code 1923, §5640; Code 1940, T. 9, §1.)

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