A "Time Is of the Essence" Clause in a Contract

question 35

True/False

A "time is of the essence" clause in a contract boilerplate is conclusive evidence that failure by the promisor to perform on time is a material breach.

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Definitions:

Authoritarian Parenting

A parenting style characterized by high demands and low responsiveness, where parents impose strict rules and expect obedience without questioning.

Adolescent Adjustment

Refers to the psychological and behavioral adaptations made by teenagers in response to the challenges and changes encountered during the transition from childhood to adulthood.

Rates of Depression

The prevalence or frequency of depression diagnoses or symptoms within a specified population over a certain period of time.

Early Adolescence

A developmental phase from approximately 10 to 14 years of age, marked by rapid physical growth and psychological changes.