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:

Critical Communication Skills

Essential abilities required for effective communication, such as listening, articulating, and adapting messages to the audience.

Employers

Individuals or organizations that hire and pay people to work for them.

Communication Medium

The form in which a message is presented; the three primary categories of media are oral, written, and visual.

Potential Distractions

Elements or factors that can divert attention away from the task at hand, reducing focus and productivity.