Yolef and Stacia enter into a contract for Stacia to cook a meal for Yolef and Yolef to pay Stacia $50. Yolef shows up at Stacia's house with $100. Yolef's actions are an example of ________.
A) Tender.
B) Performance.
C) Complete performance.
D) Incomplete performance.
E) Implied performance.

Question

Quizplus · Accepted Answer

Tender refers to an offer to perform an obligation, such as paying a sum of money, under a contract. In this scenario, Yolef showing up with $100, which is more than the agreed amount, is an offer to fulfill his part of the contract, thus constituting a tender.

Yolef and Stacia Enter into a Contract for Stacia to Cook