Asked by Kaianah Sweeting on Jul 20, 2024
Verified
As an exception to the perfect tender rule,parties may agree with a level of performance that is less than perfect.
Perfect Tender Rule
A legal principle requiring sellers to deliver goods that exactly meet the terms and specifications of the contract.
Performance
The act of fulfilling a duty, contract, or obligation as required or agreed.
- Explain the principle of perfect tender and identify its exemptions.
Verified Answer
NW
Nikki WebsterJul 25, 2024
Final Answer :
True
Explanation :
Sometimes,language in the parties' agreement limits the rigidity of the perfect tender rule.As an example,parties may agree with a level of performance that is less than perfect.They could indicate,by agreement,the expectation regarding performance.
Learning Objectives
- Explain the principle of perfect tender and identify its exemptions.