Not Just An Old Wives’ Tale: Negotiating “Paid In Full” Check Binds Contractor
Best Practices Construction Law
SEPTEMBER 29, 2020
the Court of Appeals of Mississippi held that the PAID IN FULL principle—or what lawyers know as accord and satisfaction —barred a contractor’s claim for additional payment. The contractor won a bid to construct a water system in two local counties. Fouches and Assoc., The “paid in full” principle is not just an old wives’ tale.
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