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What is the "Perfect Tender Rule" in the context of Article 2?

a. It requires all contracts to be perfectly executed
b. It stipulates that goods must conform exactly to the contract terms
c. It allows minor non-conformities in goods
d. It pertains to the quality of goods, not their conformity

Answer :

Final answer:

The "Perfect Tender Rule" under Article 2 of the UCC requires goods to conform exactly to contract terms, allowing buyers to reject non-conforming goods but also providing exceptions where sellers can cure defects or when contracts limit the rule's application. The correct answer is option b.

Explanation:

The "Perfect Tender Rule" in the context of Article 2 of the Uniform Commercial Code (UCC) stipulates that goods must conform exactly to the contract terms. This means that sellers are obligated to deliver goods that are exactly as described in the contract, with no deviations. If the goods or the delivery fail to conform to the contract in any way, the buyer has the right to reject the entire shipment, accept all of it, or accept any number of units and reject the rest.

This rule is critical in a business landscape because it holds sellers to a high standard of performance, ensuring that buyers receive what they have agreed to purchase. However, the UCC also provides for several exceptions to the Perfect Tender Rule, where a seller may have the opportunity to cure (correct) non-conforming goods, or where parties have agreed to limit the application of the rule through contractual terms.

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