Herb's Hot Dog Vending,Inc.,enters into a contract to pay Idris for a business survey and review of Herb's competitors,which Idris delivers on August 1.Herb's offer,on the same date,to pay Idris is
A)a concurrent condition.
B)a novation.
C)tender.
D)mutual rescission.

Question

Quizplus · Accepted Answer

Tender refers to an unconditional offer of performance made by one party to the other. In this case, Herb's offered to pay Idris on the same date that Idris delivered the business survey and review. This offer was unconditional, and therefore, it falls under the category of tender.