Examlex
Which of the following statements about taxes is incorrect?
Perfect Tender Rule
The requirement that a seller deliver goods in conformity with the contract, down to the last detail.
Rigidity
The quality of being unable to bend or be forced out of shape; lack of flexibility or adaptability.
Honesty in Fact
The genuine belief or actual state of mind devoid of intent to deceive or defraud.
Good Faith
An honest intention to act without taking an unfair advantage over another party, typically related to the fulfillment of contracts and agreements.
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