If No Time for Performance Is Stated in a Contract

question 43

Short Answer

If no time for performance is stated in a contract, the contract must be completed within a(n) ____________________ time.

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Definitions:

Coercive Power

Coercive power is the capability to force someone to do something against their will, often through threats or punishment.

Sanctions

Measures taken by countries or international bodies to enforce international laws or norms, often through economic restrictions or penalties.

Punishments

Punishments entail the imposition of a penalty or negative consequence on an individual or group in response to undesirable behavior, aiming to deter such actions in the future.

Collaborative Team

A group of individuals who work together effectively by sharing knowledge, tools, and efforts to achieve a common goal.