Perfect tender rule Under the UCC, a contract that requires or authorizes delivery in two or more separate lots to be accepted and paid for separately.

Question

Noelle Brown

Business

3 March, 14:55

Perfect tender rule Under the UCC, a contract that requires or authorizes delivery in two or more separate lots to be accepted and paid for separately.

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Answers (1)

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Aidan Wong · Answer 1

The answer is not true. That is the definition of installment contract.

Explanation:

The installment contract under the UCC, requires or authorizes delivery in two or more separate lots to e accepted and paid separately.

The perfect tender rule under the UCC is a commom law rule under which a seller was required to deliver to the buyer goods that conformed perfeclty to the requirements stipulated in the sales contract.