In a signed writing, Nimrod contracted to purchase a 25-foot travel trailer from Trailco for $15,000, cash on delivery no later than for $15,000, cash on delivery no later than June 1. Nimrod arrived at the Trailco sales lot on Sunday, May 31, to pay for and take delivery of the trailer, but refused to do so when he discovered that the spare tire was missing. Trailco offered to install a spare tire on Monday when its service department would open, but Nimrod replied that he did not want the trailer and would purchase another one elsewhere. Which of the following is accurate? 
Nimrod had a right to reject the trailer, but Trailco was entitled to a reasonable opportunity to cure the defect.  Nimrod had a right to reject the trailer and terminate the contract under the perfect tender rule. Nimrod was required to accept the trailer, because the defect could be readily cured.  Nimrod was required to accept the trailer, because the defect did not substantially impair its value. substantially impair its value. 