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Tender of goods and services

When a promisor offers to deliver the goods or service to the promisee and the promisee refuses to take the delivery, it is said to be tender of goods or services,
 
Effect: If promisee does not accept a valid tender of goods and services, it has the following effects:
  • The promisor is discharged from his obligation under the contract.
  • The promisor need not offer the goods or services again.
  • The promisor may sue promisee for non-performance

Tender of money

When the promisor offers to pay the amount and the promisee refuses to accept the same it is called valid tender of money.
 
Effect: If the promisee does not accept the valid tender of money, it has the following effects:
  • The promisor will not be liable for any interest from the date of the valid tender of money.
  • However the promisor is not discharged from his obligation under the contract to pay the amount but he can claim reasonable expenses for the inconvenience caused due to such rejection.




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