Download or read book Application of the Concept of Accord and Satisfaction in Dealing with Project Invoice and Payment Operations written by John D. Murphy and published by . This book was released on 1996 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the construction industry, situations frequently arise wherein contract payments are disputed in various ways and for various reasons. This article presents the concept of accord and satisfaction as an approach to evaluating the legal implications raised by contract dispute situations. There are differences between common law contract requirements and those specified by the Uniform Commercial Code (UCC). Generally, in commercial settings that involve the sale of goods, the UCC controls. In non-commercial settings where there is a good faith dispute about the amount owed, or a 3liquidated,4 no good faith dispute, contract law controls. People in the construction industry need to be aware of the legal ramifications of such transactions, as well as the law of the particular jurisdiction that is involved.

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Download or read book Financing Construction written by Russell Kenley and published by Routledge. This book was released on 2003-09-02 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This professional text provides a considered analysis of the tools and techniques of project financial management in construction, notably it covers cash flow modelling and provides the first detailed investigation of cash farming.

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