Louisiana Civil Code 3079 – Tender and acceptance of less than the amount of the claim
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Terms Used In Louisiana Civil Code 3079
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
A compromise is also made when the claimant of a disputed or unliquidated claim, regardless of the extent of his claim, accepts a payment that the other party tenders with the clearly expressed written condition that acceptance of the payment will extinguish the obligation.
Acts 2007, No. 138, §1.