What is the legal significance of a contract being declared to be an installment contract?
A) The right to cure lasts for a longer period.
B) The seller does not have a right to cure.
C) The buyer's payment obligations are relaxed.
D) The perfect tender rule is altered in that it is more difficult for a buyer to reject the entire order.
E) The same common carrier must be used for each shipment.

Question

Quizplus · Accepted Answer

When a contract is declared to be an installment contract, the perfect tender rule is altered in that it is more difficult for a buyer to reject the entire order. This means that the buyer cannot reject the entire order for an immaterial breach in one installment, but can only reject that specific installment for the breach. The buyer still has the right to reject the entire order for a material breach.

What Is the Legal Significance of a Contract Being Declared