August 23, 2017

An account stated.

Practice point:  An essential element of an account stated is that the parties came to an agreement with respect to the amount due.

 Student note:  An account stated is an agreement, express or implied, between the parties to an account based upon prior transactions between them with respect to the correctness of account items and a specific balance due on them which is independent of the original obligation.

Case:  Caring Professionals, Inc. v. Landa, NY Slip Op 05803 (2d Dep't July 26 2017)

Here is the decision.

Tomorrow's issue:  Open-court stipulations.