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LSDefine

Simple English definitions for legal terms

perfect tender

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A quick definition of perfect tender:

Perfect tender refers to a valid and unconditional offer made by someone to pay a debt or fulfill an obligation. This offer can save the person from penalties for nonpayment or nonperformance. If the other party refuses the offer without a good reason, they may be considered in default. In the context of sales, tender of delivery means the seller has made the goods available to the buyer and given them notice to take delivery. Tender of performance refers to a person's demonstration of readiness, willingness, and ability to fulfill their obligation, such as a buyer's offer to pay or a seller's offer to deliver goods.

A more thorough explanation:

Perfect tender refers to a valid and sufficient offer of performance, which can be an unconditional offer of money or performance to satisfy a debt or obligation. It is a way to save the tendering party from a penalty for nonpayment or nonperformance or to place the other party in default if they unjustifiably refuse the tender.

For example, if a seller offers to deliver goods to a buyer, and the goods are in conformity with the contract, the seller has made a perfect tender. If the buyer refuses to accept the goods without a valid reason, they will be in default.

Another example is when a debtor offers to pay their debt in full, and the creditor refuses the payment without a valid reason. In this case, the debtor has made a perfect tender, and the creditor will be in default if they refuse the payment.

Overall, perfect tender is a way to ensure that both parties fulfill their obligations under a contract and avoid any penalties for nonperformance or nonpayment.

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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