Tender (legal)

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:defines an offer to perform an obligation, especially to pay a sum of money or deliver goods
gptkbp:effectOf may discharge a debtor from further liability if refused
gptkbp:effectOfRefusal may shift costs to creditor
may stop accrual of interest
gptkbp:example buyer offering to pay seller for goods
debtor offering payment to creditor
https://www.w3.org/2000/01/rdf-schema#label Tender (legal)
gptkbp:mayInclude conditional
unconditional
gptkbp:opposedBy refusal of tender
gptkbp:recognizedBy common law jurisdictions
civil law jurisdictions
gptkbp:relatedTo legal tender
offer
performance (law)
gptkbp:requires good faith
ability to perform
readiness to perform
gptkbp:usedIn contract law
debt law
gptkbp:bfsParent gptkb:Tender
gptkbp:bfsLayer 5