Tender Performance - Contract

Tender Performance - Contract

Assessment

Interactive Video

Business

University

Hard

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The video explains the concept of tendering performance in contracts, where a party attempts to fulfill their contractual duties, such as delivering goods. Even if the other party rejects the performance, the attempt still counts as tendering. If a contract lacks specificity, a reasonable standard is applied. If external factors prevent performance, the party may be excused from breach.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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