Assume the CEO of CarolCo Enterprises tenders a $80,000 check to ABC Bank as "Payment in full" of CarolCo's note of $100,000.If ABC cashes the check,this is most likely an accord and satisfaction.

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If ABC cashes the check, it can be considered as acceptance of the offer to settle the debt for $80,000, and this can be considered as an accord and satisfaction.

Assume the CEO of CarolCo Enterprises Tenders a $80,000 Check