The perfect tender rule appears in the Uniform Commercial Code § 2-601 (buyers) and § 2-508 (sellers). When dealing with the sale of goods, the perfect tender rule states that a buyer is permitted to reject goods shipped or delivered from a seller, if the seller’s tender of the goods is in some way not perfect. This rule ensures that the delivered goods must precisely meet the terms specified in the contract. If the goods delivered deviate in any way from the contractual terms, the buyer typically has the right to reject the goods.
See also: The Perfect Tender Rule - An "Acceptable" Interpretation and Good Faith Rejection of Goods in a Falling Market Note.
[Last updated in January of 2024 by the Wex Definitions Team]
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