Unless a contract so provides, time is ordinarily not of the essence, and performance within a reasonable time is sufficient.

Name: Unless a contract so provides, time is ordinarily not of the essence, and performance within a reasonable time is sufficient.
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Quizplus · Accepted Answer

This statement is true. In contracts, unless it specifically mentions that time is of the essence, performance within a reasonable timeframe is generally considered acceptable.

Unless a Contract So Provides, Time Is Ordinarily Not of the Essence