Be Careful Negotiating a “Paid-in-Full” Check
You’ve probably heard a story about a business owner that cashed a “paid-in-full” check and waived the rest of her claim. But, can this really happen? A recent case out of Mississippi reminds us that it can. In this case, a contractor was hired to build a municipal water system. Disputes arose and the contractor threatened to file suit. The municipality then issued a check to the contractor marked “Paid [...]