Which of the Following Is True with Regard to Tender

question 143

Multiple Choice

Which of the following is true with regard to tender of performance?

• A) If the seller attempts to deliver the contract goods at the time and place designated in the contract but the buyer refuses delivery, the seller will have to make another attempt to deliver before he can sue for breach of contract.
• B) If Pete shows up at Valley Service Station to fix the gas pumps on the date and at the time he was supposed to, but Valley's manager tells him to come back later, Pete has no further obligations and can sue for breach of contract.
• C) If Walt attempts to pay Sarah the $750 debt he owes her with a cheque on the date and at the place designated in the contract, she will have to accept that cheque even though there was no mention of payment by cheque in the contract.
• D) If Ivan attempts to pay his $25 debt to Jan in 25-cent pieces, that attempt constitutes a lawful tender of Ivan's obligation.
• E) If Sam attempts to deliver the truckload of strawberries at Frank's produce plant at 8:00 p.m. Saturday, they cannot be refused as long as the delivery was before the specified July 10 deadline.

Distinguish between the philosophies and strategies of various African American and Afro-Caribbean leaders and organizations in the pursuit of racial equality.

Understand the advantages and disadvantages of various assessment instruments for older adults.

Learn how to initiate an assessment of an elderly person's spirituality in relation to their health care decisions.

Identify appropriate tools for assessing the functional ability, including mobility and mental status, in older adults.

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Definitions:

ESOs

Employee Stock Options; the right granted to employees to buy a set amount of company shares at a fixed price.

Job Leaving

This refers to the act of an employee voluntarily terminating their employment with a company.

American Call Option

An option contract that allows the holder to buy an asset at a specific price before or at the expiration of the option.

Expiration Date

In finance, it typically refers to the last day on which options or futures contracts are valid.