Part Payment

Some articles on payment, part payment:

Consideration In English Law - Pre-existing Duties - Factual Benefits
... eight flats he had completed after the promise of additional payment ... for the promise made to Williams of additional payment ... may amount to fresh consideration If the promisee offers part payment earlier than full payment was due, and this is of benefit to the creditor If the promisee ...

Famous quotes containing the words payment and/or part:

    Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.
    Ralph Waldo Emerson (1803–1882)

    It is with benefits as with injuries in this respect, that we do not so much weigh the accidental good or evil they do us, as that which they were designed to do us.—That is, we consider no part of them so much as their intention.
    Laurence Sterne (1713–1768)