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HAVE YOU HEARD OF ‘FULL AND FINAL PAYMENT’ ?.

By Editor

“Full and final payment” means that once you make a payment, it settles everything, and the other person does not demand anything else from you. For example, when you borrow money from someone, and you agree to pay them back in installments. When you make the last installment, that’s the full and final payment, and you don’t have a legal obligation to pay anything else.DOES THIS APPLY
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By Editor
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