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Kgaboletso Motsepa
on Nov 27, 2024

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Under the perfect tender rule, a buyer or lessee has the right to insist on goods that conform to their contract in every detail.

Perfect Tender Rule

A common law rule under which a seller was required to deliver to the buyer goods that conformed perfectly to the requirements stipulated in the sales contract. A tender of nonconforming goods would automatically constitute a breach of contract. Under the Uniform Commercial Code, the rule has been greatly modified.

Conform

To act in accordance or harmony with established standards, rules, or laws.

Contract

A contract is a legally enforceable agreement between two or more parties with mutual obligations.

  • Understand the principles of the perfect tender rule and its implications for buyers and sellers.
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MS
Michelle SorrellDec 02, 2024
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