at 11:09 AM

Conditions or Essentials for a valid Tender

Below are some of the pre-requisites of a valid tender -
  1. The Tender must be unconditional
  2. The Tender must be for the whole obligation
  3. The Tender must be given at a proper time
  4. The Tender must be given at a proper place
  5. The Tender must give a reasonable opportunity of inspection
  6. The party giving the tender must be willing to perform its part of obligations
  7. The Tender must be made to the proper person
  8. The Tender must be made for the exact amount of money

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