For the parties to enter into an accord and satisfaction that discharges the original obligation, there must be a bona fide dispute.

Name: For the parties to enter into an accord and satisfaction that discharges the original obligation, there must be a bona fide dispute.
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Question

Quizplus · Accepted Answer

A bona fide dispute means a genuine dispute between the parties regarding the amount or performance of the obligation. Without a bona fide dispute, there is no need for an accord and satisfaction to discharge the original obligation.

For the Parties to Enter into an Accord and Satisfaction