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Emmanuel Bautista
on Nov 21, 2024

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What is the difference between performance and tender?

A) There is no difference.
B) Performance involves fulfilling contractual obligations, while tender involves offering performance.
C) Tender is required when there is a conditional contract, while performance is required for all other contracts.
D) Performance is required when there is a conditional contract, while tender is required for all other contracts.
E) Tender is substantial performance, while performance refers only to complete performance.

Tender

An offer to perform an obligation or a formal offer, especially in the context of a bid for a project or to fulfill contractual requirements.

Performance

The act of fulfilling the terms of a contract, agreement, or obligation.

Contractual Obligations

are responsibilities or duties that are legally binding and arise from agreements or contracts entered into by parties.

  • Recognize the processes and effects of tender and performance in contract law.
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Francisco ErandioNov 26, 2024
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