Refusal of a Tender of Performance by One Party to a Bilateral

question 34

Multiple Choice

Refusal of a tender of performance by one party to a bilateral contract will:

• A)be treated as a repudiation, excusing the tendering party from further duty of performance under the contract.
• B)not discharge either party from further duty of performance under the contract.
• C)be considered a condition subsequent.
• D)None of the above.

---

Definitions:

Trade Experts

Individuals with extensive knowledge and experience in the field of trade, often providing analysis, advice, or consultancy services.

Members

Individuals or entities that belong to a group, organization, or a specific category, often with shared interests or goals.

Multinational Firms

Companies that operate in multiple countries, managing production or delivering services in more than one country outside of their home base.

Global Marketplace

An international economic system where goods, services, and capital move across borders with fewer restrictions, fostering global trade.