Contracts: Performance: Performance of K's for Sale of Goods: Installment Sales Contracts

• Installment Sales Contracts – requires or authorizes seller to deliver the goods in separate installments.

• Significance: Perfect Tender Rule does not apply to an Installment Sales Contract, so it is more difficult for a buyer to reject. [Policy: assumes seller will cure in the course of on-going performance].

• B has the right to reject an installment only if there is substantial impairment in the installment that cannot be cured.

• B has the right to reject the entire contract only if a defect in an installment substantially impairs the value of the whole contract.