Absent misrepresentation or fraud or some other special circumstances, a person will be bound by a document the person signs.

An accord and satisfaction extinguishes the existing cause of action and replaces it with a new cause of action based on the agreement; a valid accord and satisfaction is not a discretionary factor relevant to subsequent litigation of the original claim but is an answer to the claim.

An accord and satisfaction extinguishes a cause of action and replaces it with a new one based on the agreement.

A valid and effective accord and satisfaction extinguishes the pre-existing cause of action and continued pursuit of an application based on such cause of action is clearly capable of being considered to be frivolous or vexatious or without reasonable prospects of success.

An accord and satisfaction extinguishes the existing cause of action and replaces it with a new cause of action based on the agreement. A valid accord and satisfaction is not a discretionary factor in subsequent litigation; it is an answer to the claim.

A valid accord and satisfaction extinguishes the existing cause of action and replaces it with a new cause of action based on the agreement. An accord and satisfaction is not a discretionary factor but is a complete answer to the claim.

Where parties have reached agreement on contractual terms and also agree that the matter shall be dealt with by formal contract, the case may belong to one of three classes depending on whether parties intend finality (but with formal restatement), conditional performance on formal execution, or no concluded bargain unless formal contract executed.

Where parties have been in negotiation and reach agreement upon terms of a contractual nature while also agreeing that the matter shall be dealt with by a formal contract, the case may belong to one of three categories: (1) parties have reached finality in all terms and intend immediate binding, with formality to follow; (2) parties completely agree on all terms but make performance conditional on execution of formal document; or (3) parties do not intend a concluded bargain unless formal contract is executed.

The approach in Zoiti-Licastro regarding the formation of binding settlement agreements was endorsed by the Full Bench.

A valid accord and satisfaction extinguishes the pre-existing cause of action and replaces it with a new cause of action based on the agreement. Continued pursuit of an application based on the extinguished cause of action is frivolous or vexatious or without reasonable prospect of success.

An allegation of breach of a settlement agreement does not enliven an extinguished cause of action for unfair dismissal. A breach of settlement agreement gives rise to a separate cause of action for damages based on breach of contract, which cannot be pursued as a continuation of the unfair dismissal remedy application.

When parties reach agreement on terms of a contractual nature in conciliation, the agreement may fall into three categories under Masters v Cameron: (1) parties have agreed on all terms and intend to be immediately bound but propose formal restatement in fuller or more precise form; (2) parties have agreed on all terms with no departure intended but made performance conditional on execution of formal document; or (3) parties do not intend a concluded bargain unless and until formal contract is executed. In the first two categories, a binding contract is formed.