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Phillip Esten operates a mail store in which he offers various services such as packaging items for shipment, delivering items to overnight services, and a fax machine. Esten charges $4.00 for deliveries for one-time customers and $2.00 for deliveries for his account customers. Esten's prices:
Impossibility Of Performance Doctrine
A legal principle that releases parties from their contractual obligations when an event occurs making performance objectively impossible.
Tender Of Performance
Tender of Performance refers to an offer by one party to perform their obligations under a contract, demonstrating readiness and willingness to fulfill the contract terms.
Bilateral Contract
A contract type involving two parties where each promises to perform an act in exchange for the other party's act.
Perfect Tender Rule
A principle in sales law that allows buyers to reject goods if they fail to meet every aspect of the contractual terms.
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