X
30Sep

Not Just An Old Wives’ Tale: Negotiating “Paid In Full” Check Binds Contractor

Burr & Forman | | Return|
Long before I was an attorney, I heard this tale that if you endorsed a check that had the words “PAID IN FULL” written on the check, then you were accepting the check as full payment of whatever was owed. But I have never really thought about that legal principle because, “People don’t really do that, do they?”...
By: Burr & Forman
Source Url: https://www.jdsupra.com/legalnews/not-just-an-old-wives-tale-negotiating-79005/

Related

Adjudication and insolvency set off: compatible? It's a yes from the Supreme Court

For some time we have been following with interest the case of Bresco Electrical Services Ltd (in li...

Read More >

Quantum meruit – how much is too much?

Parties to a construction contract often consider entering into a letter of  intent in advance of ag...

Read More >

NJ Foresees 1000% Increase in Worksite Immigration Inspection

Apparently, in response to New Jersey’s sanctuary state policies, the Department of Homeland Securi...

Read More >

Kisor v. Wilkie and judicial deference to agency determinations—Are there implications for employee benefits litigation and the DOL fiduciary rule?

In June 2019, a unanimous Supreme Court in Kisor v. Wilkie retained but limited the scope of Auer de...

Read More >

FTC and DOJ ‘Temporarily’ Suspend Early Termination Grants; No Clear End to Suspension Identified

The DOJ and FTC have suspended early termination (i.e., early clearance) for filings made under the ...

Read More >