Answer :
The perfect tender rule allows buyers to reject goods not meeting contract specifications, and sellers may use warranties and service contracts to assure buyers in case of imperfect information.c
The perfect tender rule gives buyers of goods the right to reject the seller's goods if they are not exactly as described in the contract. This means if a seller posts an offer, and a buyer accepts, the seller is obligated to deliver the goods as specified. However, both parties may negotiate different terms, which can alter the strict application of the rule.
In practice, a seller can reassure a buyer by offering warranties and service contracts, which provide explicit reassurance that the seller will fix or replace the good within a certain period if issues arise. Sellers might also provide implicit guarantees, like a movie theater refunding a ticket for a dissatisfied customer, which aids in building trust. In transactions with imperfect information, such reassurances are crucial in ensuring the buyer feels secure in the exchange. Therefore, the correct option is 1) The right to reject the seller's goods if the goods are not exactly as described in the contract.
