What is the difference between performance and tender?
multiple choice
a) tender is required when there is a conditional contract, while performance is required for all other contracts.
b) performance involves fulfilling contractual obligations, while tender involves offering performance.
c) performance is required when there is a conditional contract, while tender is required for all other contracts.
d) tender is substantial performance, while performance refers only to complete performance.
e) there is no difference

The answer to the question is E

Explanation:

Tender: to offer something, usually in writing, or to make an offer in writing to do something.

Performance: the act of doing something, such as your job.

They are words that complement each other, do not make reference between them.

Tender of performance is a critical concept that only arises in the event of a dispute. The general rule is that to claim the other party is in breach of contract, you have to first tender performance

both are integral parts of a corporate balance sheet. the cash flow statement, or statement of cash flows, measures the sources of a company's cash and its uses of cash over a specific time period. the income statement measures a company's financial performance, such as revenues, expenses, profits or losses over a specific time period (in fact, it's sometimes called a statement of financial performance).

a cash flow statement shows exactly how much money a company has received and how much it has spent, traditionally over a period of one month. it captures the current operating results and changes on the balance sheet, such as increases or decreases in accounts receivable or accounts payable, and does not include noncash accounting items such as depreciation and amortization. the cash flow generally comes from revenue received as a result of business activity, but it may be augmented by funds available as a result of credit. a cash flow statement is used to determine the short-term viability and liquidity of a company, specifically how well it is positioned to pay its bills and vendors.

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