Louisville Kentucky Letter Tendering Payment
State:
Multi-State
City:
Louisville
Control #:
US-00936BG
Format:
Word;
Rich Text
Instant download
Description
The word tender has been defined as an offer of money or goods in payment or satisfaction of a debt or other obligation. An offer to perform is a tender. A tender involves an unconditional offer by a the person making the tender to pay an amount in lawful currency that is at least equal to the amount owing in a specified debt. The purpose of tender is to close a transaction so that the person making the tender may be relieved of further liability for the debt or obligation.
