Which of the Following Statements Best Defines a Tender of Performance

question 14

Multiple Choice

Which of the following statements best defines a tender of performance?

• A) It is an offer to perform an obligation in satisfaction of the terms of a contract.
• B) It is an offer to pay money in satisfaction of a debt or claim when one has the ability to pay.
• C) It is a contract provision that states the liquidity damages to be paid by a party if it breaches a contract.
• D) It is a contract provision excusing performance when an extraordinary event occurs.

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Definitions:

Fatty Material

Substances composed of lipids, such as fats and oils, that are important for energy storage and cell structure in living organisms.

Peripheral Nerves

Nerves located outside the brain and spinal cord, responsible for transmitting information between the central nervous system and the rest of the body.

Pairs

Two things that are identical or similar in form, design, or function, often used together.

Receptor Sites

Specific locations on the surface of a cell or within a cell where molecules, such as hormones or neurotransmitters, can bind to initiate a cellular response.