Skip to content
Exercises · Q2

Q.State the essentials of a valid tender.

Puducherry TnboardTextbookSubjectiveImportance★★★★★est
11% · 2/19 Questions
✓ Free question
  1. Unconditional — an offer with extra conditions attached is not a valid tender.
  2. Proper time and place — made during usual business hours, at the place agreed for performance.
  3. Whole quantity — must cover the entire amount/quantity contracted for, not a part of it.
  4. Reasonable opportunity to inspect — for a tender of goods, the promisee must be given a fair chance to examine them before being expected to accept.
  5. Exact legal amount — for a tender of money, it must be in legal tender currency for the precise sum due, not by cheque unless the promisee agreed to accept one.
  6. Made by a competent person — the promisor themselves, or their duly authorised agent.
✓Final answer

Essentials of a valid tender: unconditional, at the proper time and place, for the whole quantity, allowing reasonable inspection (goods) or in the exact legal amount (money), and made by a competent person.

Unlock everything free for 14 days

  • Full step-by-step solutions
  • Concept-first explanations
  • Methods, shortcuts & mistakes
  • PYQ mapping + timed mock tests

Full access for 14 days. No credit card required.