An accord and satisfaction is binding upon both parties. (Orig. Code 1863, § 2823; Code 1868, § 2831; Code 1873, § 2882; Code 1882, § 2882; Civil Code 1895, § 3736; Civil Code 1910, § 4330; Code 1933, § 20-1205.)
Parties bound by accord and satisfaction
O.C.G.A. § 13-4-104 — under Contracts.
O.C.G.A. § 13-4-104