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Account stated

Explanation

Account stated: Under United States law, account stated is a statement between a creditor and a debtor based upon a series of prior transactions that a particular amount is owed to the creditor as of a certain date. Often the account stated is a bill, invoice or a summary of invoices, signed by the customer or sent to the customer who pays part or all of it without protest.

Printed dictionaries and other books with definitions for Account stated

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Google previewReports of Cases Determined in the Supreme Court of the State of California (1894)

Account Stated. — An account stated is a document — a writing — which exhibits the state of accounts between parties, and the balance ...

Google previewContracts and the Legal Environment for Engineers and Architects (2016)

by CTI Reviews

Account stated: Under United States law, account stated is a statement between a creditor (the person to whom money is owed) and a debtor (the person who owes) based upon a series of prior transactionsthata particular amount is owed to ...

Google previewThe Reporter (1887)

Containing Decisions of the Supreme and Circuit Courts of the United States, Courts of Last Resort in the Several States, and the English Courts by Howard Ellis, Rowland Cox

532: “ An account stated is an acknowledgment of the existing condition of liability between the parties. From it the law implies a promise to pay whatever balance is thus acknowledged to be due. It thereby becomes a new and unpaid cause of ...

Google previewA Practical Treatise on the Law of Partnership, with precedents of copartnership deeds (1827)

by Henry CARY (M.A.)

account stated is a good plea against a bill for an account, ibid. what is necessary ...

Google previewA Selection of Leading Cases on Pleading and Parties to Actions (1847)

With Practical Notes Elucidating the Principles of Pleading (as Exemplified in Cases of Most Frequent Occurrence in Practice) by a Reference to the Earliest Authorities : and Designed to Assist Both the Practitioner and the Student by William Francis Finlason

For, " an account stated is an agreement by both parties that any items are true ; the only consideration, for the promise, is the stating the account." (Truman v. Hurst, 1 T.R. 42.) So, (per Coleridge, J., 10 Jurist, 471,) "the account stated is fresh ...

Google previewCalifornia Civil Procedure Before Trial, 4d. (2016)

2016 Update by Karen Frasier-Kolligs

The reasoning for this view is that an account stated is a new contract that supersedes the original contract (Jones v Wilton ...

Google previewReports of Cases Argued and Decided in the Supreme Court of the United States (1884)

1-351 U.S; 1790- October term, 1955

An account stated Is an agreement between the farties to an account, that all the items are true, n equity, an account rendered by one...

Google previewHow to Win in Small Claims Court in Florida (2002)

by Mark Warda

Account stated is an action to recover money owed on 22 how to win in small claims court in florida XXV.

Google previewA Law Dictionary, Adapted to the Constitution and Laws of the United States of America and of the Several States of the American Union (1871)

With References to the Civil and Other Systems of Foreign Law by John Bouvier, Daniel Angell Gleason

ACCOUNT STATED. An agreed balance of accounts. An account which has been examined and accepted by the parties.

Google previewA Law Dictionary Containing Definitions of the Terms and Phrases of American and English Jurisprudence, Ancient and Modern ... (1995)

by Henry Campbell Black

An account to which no further additions can be made on either side, but which remains still open for adjustment and setoff, which distinguishes it from an account stated. Bass v. Bass, 8 Pick. (Mass.) 187; Yolkeningv. *De Graaf, 81 N. Y. 268; ...

Google previewDictionary of Terms and Phrases Used in American Or English Jurisprudence (1879)

by Benjamin Vaughan Abbott

Account stated is an account which has been rendered by the creditor, and has been by the debtor assented to as correct, either expressly, or by implication of law from the failure to object. • Stated or liquidated accounts are those which have ...

Google previewA New Law Dictionary and Institute of the Whole Law (1874)

For the Use of Students, the Legal Profession, and the Public by Archibald Brown

ACCOUNT STATED. This is nothing more than the admission of a balance duo from one party to another ; and that balance being due there ...

Google previewA Law Dictionary (1877)

Adapted to the Constitution and Laws of the United States of America, and of the Several States of the American Union: with References to the Civil and Other Systems of Foreign Law

ACCOUNT STATED. An agreed balance of accounts. An account which has been examined and accepted by the parties.

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