{"id":11019,"date":"2017-12-17T20:05:05","date_gmt":"2017-12-17T20:05:05","guid":{"rendered":"https:\/\/reunitethestates.org\/?page_id=11019"},"modified":"2017-12-17T20:12:23","modified_gmt":"2017-12-17T20:12:23","slug":"accord-an-agreement-compact-or-treaty-an-offer-to-give-or-to-accept-a-stipulated-performance-in-the-future-to-satisfy-an-obligors-existing-duty-together-with-an-acceptance-of-that-offer","status":"publish","type":"page","link":"https:\/\/reunitethestates.org\/?page_id=11019","title":{"rendered":"Accord – an agreement, compact, or treaty: an offer to give or to accept a stipulated performance in the future to satisfy an obligor’s existing duty, together with an acceptance of that offer"},"content":{"rendered":"

accord<\/span>:<\/strong><\/span>
\nnoun<\/span><\/em><\/p>\n

1. Literally, an agreement; in law, an agreement by one party to give or perform, and by the other to accept, in settlement of an existing claim, something other than that which is claimed to be due.\u00a0 1 Am J2d Accord \u00a7 1<\/span>.<\/strong> [1]<\/span><\/p>\n

1.<\/strong> Agreement; an agreement.<\/strong> <\/span> [2]<\/span><\/p>\n

1. An amicable arrangement between parties, especially between peoples or countries; compact; treaty.<\/span><\/strong><\/p>\n

2. An offer to give or to accept a stipulated performance in the future to satisfy an obligor’s existing duty, together with an acceptance of that offer.\u00a0 *\u00a0 The performance becomes what is known as a satisfaction<\/em>.<\/strong> \u2014 aka executory accord<\/strong><\/span>; accord executory<\/strong><\/span>. <\/em>[3] <\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0 Excerpt from Restatement (Second) of Contracts<\/a> (1979):<\/span><\/strong><\/p>\n

\u00a0\u00a0\u00a0\u00a0 “An accord is a contract under which an obligee promises to accept a stated performance in satisfaction of the obligor’s existing duty.\u00a0 Performance of the accord discharges the original duty.<\/span>“<\/strong> [4]<\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0 Excerpt from E. Allan Farnsworth’s Contracts<\/em><\/a> (3d ed. 1999):<\/strong><\/span><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0 “The term executory accord is sometimes used to underscore the point that the accord itself does not discharge the duty.\u00a0 It also reflects an historical anachronism, not generally rejected, under which an unperformed accord was not a defense to an action on the underlying duty.<\/span>“<\/strong> [5]<\/span><\/p>\n

3. A signal used in a legal citation to introduce a case clearly supporting a proposition for which another case is being quoted directly or to indicate that the law of one jurisdiction is consistent with that of another.<\/strong> <\/span><\/p>\n

accord<\/span>:<\/strong><\/span>
\nverb<\/em><\/span><\/p>\n

2.<\/strong> To coincide with.\u00a0 USAGE: “That accords with what I have been told.<\/span>“<\/strong><\/span><\/p>\n

3. To grant; to confer.\u00a0 USAGE: “We must accord the instructor the respect she is due.<\/span>“<\/strong><\/span><\/p>\n

4. verb: To furnish or grant, especially what is suitable or proper<\/strong> <accord the litigants a stat of costs pending appeal>.<\/strong><\/span><\/p>\n

2. To agree<\/strong> <they accord in their opinions>.<\/strong> [3]<\/span><\/p>\n

See accord and satisfaction; satisfaction. Cf. Compromise; novation.<\/em><\/span><\/p>\n

References:<\/span><\/span><\/strong><\/p>\n

Disclaimer:<\/span><\/span><\/strong> All material throughout this website is pertinent to people everywhere, and is being utilized in accordance with Fair Use<\/a>.<\/span><\/strong><\/p>\n

[1]: Ballantine\u2019s Law <\/a><\/span><\/strong>Dictionary\u00a0<\/b><\/span><\/a><\/strong>with<\/b><\/span><\/a><\/em> Pronunciations<\/b><\/span><\/a><\/em>
\n<\/span><\/a><\/em>Third Edition<\/a>\u00a0by James A. Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Edited by William S. Anderson.\u00a0\u00a0\u00a9 1969 by THE LAWYER\u2019S CO-OPERATIVE PUBLISHING COMPANY.\u00a0 Library of Congress Catalog Card No. 68-30931<\/span><\/strong><\/p>\n

[2]: Ballantine\u2019s Law <\/a><\/span><\/strong>Dictionary\u00a0<\/b><\/span><\/a><\/strong>Legal<\/b><\/span><\/a><\/em> Assistant<\/b><\/span><\/a><\/em> Edition<\/b><\/span><\/a><\/em>\u00a0<\/span><\/em>by<\/b><\/span><\/strong> Jack Ballantine\u00a0<\/span><\/strong>(James Arthur 1871-1949).\u00a0\u00a0<\/span><\/em>Doctored<\/span><\/a><\/strong>\u00a0<\/span><\/em>by\u00a0Jack G. Handler,\u00a0J.D.<\/a>\u00a0\u00a9 1994 Delmar by Thomson Learning.\u00a0 ISBN 0-8273-4874-6.<\/span><\/strong><\/p>\n

[3]: Black\u2019s Law <\/a>Dictionary\u00a0<\/a>Deluxe<\/a><\/em> Tenth<\/a><\/em> Edition<\/a><\/em>\u00a0by Henry Campbell Black, Editor in Chief Bryan A. Garner. ISBN: 978-0-314-61300-4<\/span><\/strong><\/p>\n

[4]: Restatement (Second) of Contracts<\/a> \u00a7 282(1) (1979).<\/span><\/strong><\/p>\n

[5]: E. Allan Farnsworth, Contracts<\/em><\/a> \u00a7 4.24, at 289 n. 10 (3d ed. 1999).<\/span><\/strong><\/p>\n

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