§ 1-540. By agreement receipt of less sum is discharge.
If a claim or money demand is settled by agreement for a smaller amount, paying that smaller amount as agreed fully discharges the claim.
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- Jurisdiction
- United States — North Carolina
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- Act or statute
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- Undated source snapshot
- Language
- en
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compromise agreements debt settlement
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§ 1-540. By agreement receipt of less sum is discharge.
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