Sara enters into a contract to sell her condo to Ted for a certain price on a specific day. On that day, Sara unconditionally offers to perform. Sara's offer
A) conditions Ted's promise to pay for the property.
B) constitutes tender of performance.
C) excuses the parties' performance under the contract.
D) suspends the parties' contractual obligations.

Question

Quizplus · Accepted Answer

Sara's offer to perform constitutes tender of performance, meaning she is ready, willing, and able to perform her obligations under the contract. This does not condition Ted's promise to pay, excuse the parties' performance, or suspend their obligations.

Sara Enters into a Contract to Sell Her Condo to Ted