Examlex
What are automatic stabilizers? How do they help stabilize real GDP?
Confection Corporation
A business entity specialized in the production and sale of sweets and chocolates.
Perfect Tender Rule
A common law rule under which a seller was required to deliver to the buyer goods that conformed perfectly to the requirements stipulated in the sales contract. A tender of nonconforming goods would automatically constitute a breach of contract. Under the Uniform Commercial Code, the rule has been greatly modified.
Conform
To act in accordance or harmony with established standards, rules, or laws.
Contract
A contract is a legally enforceable agreement between two or more parties with mutual obligations.
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