Question

Which of the following is true of time for performance?

A. When there is nothing to indicate in the contract that time is of importance, the court will allow additional time.

B. Time period cannot be enforced simply by including the phrase "time is of the essence" written contract.

C. When the time for performance is not stated in the contract, the contract must be performed within a reasonable time.

D. When there is something special about the contract that indicates time is essential, additional time is allowed.

Answer

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