Asked by Kevin Kamtapersaud on Jun 09, 2024
Verified
The "perfect tender rule" provides that only substantial deviations from the promised performance in a sales contract under the Code constitute a material breach and discharge the aggrieved party from the duty of performance.
Perfect Tender Rule
The perfect tender rule is a principle in sales law that allows a buyer to reject goods delivered by a seller if they do not meet all contract specifications.
Substantial Deviations
Major divergences or departures from a set path, standard, or expected norm.
Material Breach
A significant violation or failure to perform one's obligations under a contract, which justifies the non-breaching party's termination of the contract.
- Evaluate the repercussions of significant and minimal violations in contract terms.
Verified Answer
SW
selena williamsJun 09, 2024
Final Answer :
False
Explanation :
The "perfect tender rule" actually states that any deviation from the promised performance in a sales contract under the Uniform Commercial Code allows the aggrieved party to reject the goods, meaning even minor deviations can be considered a breach, not just substantial ones.
Learning Objectives
- Evaluate the repercussions of significant and minimal violations in contract terms.