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

OFCCP Disclaims Jurisdiction Over Participants in the Defense Department’s SkillBridge Job Training Program

On November 8, 2019, OFCCP released another opinion letter clarifying the extent of its jurisdiction...

Read More >

Treasury Finalizes Section 901(m) Foreign Credit Rules

On March 20, 2020, Treasury and the IRS released final regulations under Section 901(m). The regulat...

Read More >

SBA Issues Guidance on Treatment of PPP Loans in Mergers and Acquisitions

On October 2, 2020, the SBA issued guidance under a procedural notice (the “Notice”) providing inf...

Read More >

The UK Proposes New CFIUS-Style National Security and Investment Bill

The UK government has introduced proposals for extensive new rules and review powers governing forei...

Read More >

Financial Daily Dose 10.15.2019 | Top Story: Uber lays off 350 more corporate workers in effort to control costs

Ride-hailing giant Uber laid off 350 workers on Monday as part of an ongoing effort to pare costs th...

Read More >

Design-Build Lite – Construction Contracts with D-B Components

For most in the industry, when we think about a standard construction contract, we envision the cons...

Read More >