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LSDefine

Simple English definitions for legal terms

Option to Cure

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A quick definition of Option to Cure:

Option to Cure: When a seller sends goods to a buyer, but the goods are not exactly what the buyer ordered, the seller may have a chance to fix the mistake if there is still time left before the delivery deadline. This is called the option to cure. For example, if the seller sent less of a certain item than the buyer asked for, the seller can fix the mistake and send the correct amount. If the seller uses the option to cure and fixes the mistake, they cannot be in trouble for breaking the contract.

A more thorough explanation:

Option to Cure is a legal term used in Article 2 of the Uniform Commercial Code. It refers to a situation where a seller has the right to fix a problem with the goods they have delivered to a buyer, even if the buyer has rejected the goods because they were not perfect.

For example, let's say a buyer ordered 100 widgets from a seller, but the seller only delivered 90 widgets. The buyer could reject the delivery because it was not a perfect tender. However, if the seller still has time to deliver the remaining 10 widgets before the agreed-upon delivery date, they have the option to cure the problem by delivering the missing widgets. If they do so, they cannot be held liable for breaching the contract.

The option to cure is only available if the time for performance has not expired. This means that if the delivery date has already passed, the seller cannot use the option to cure to fix any problems with the goods they have delivered.

Option Contract | oral contract

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18:39
Yeah I would delay as long as you have plausible deniability
TGM
18:40
I actually do have a transcript issue that registrar needs to resolve, should I say that
TGM
18:41
(Course marked as Incomplete that’s supposed to be removed)
TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
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