合同与履行第 829 / 1605 题
In the absence of a 'time is of the essence' clause or a specified completion date, a contractor is generally obligated to complete the work:
a.Only after full payment is received
b.Within exactly 30 days by law
c.Within a reasonable time under the circumstances
d.Whenever the contractor eventually chooses, with no limit
解析
When a contract does not specify a completion date or make time essential, the law implies that performance must occur within a reasonable time given the nature and circumstances of the work. The contractor cannot delay indefinitely, but a minor delay is not automatically a material breach. There is no automatic 30-day rule, and completion is generally not conditioned on receiving full payment in advance.
免费刷完整 1605 道题库 — 无需注册。
同考点相关题目
- For a liquidated damages clause to be enforceable rather than struck down as a penalty, courts generally require that:
- A contract states, 'Liquidated damages of $500 per day shall apply for each day completion is late beyond the substantial completion date.' If the contractor finishes 10 days late, the owner's presumptive recovery under a valid clause is:
- When a contract states that 'time is of the essence,' it means:
- A 'force majeure' clause in a construction contract typically addresses:
- Binding arbitration as a method of dispute resolution generally means:
- How does mediation differ from binding arbitration?