At the latest Lunch and Learn seminar for TLG consultants, Winnie begins the seminar with a discussion of “time is of the essence” clauses in contracts.
You begin discussion by reacting to the following 2 questions. Number your responses.
Analyze and explain:
A. whether it is advisable for GC to accept a client’s desire to include a “time is of the essence” clause in a contract to complete cleaning services on the client’s commercial property and why.
B. whether it is advisable for GC to require a “time is of the essence” clause in a contract with EPI to deliver certain cleaning products and why.
Reference Material:
https://saylordotorg.github.io/text_advanced-business-law-and-the-legal-environment/s11-introduction-to-sales-and-leas.html
https://saylordotorg.github.io/text_advanced-business-law-and-the-legal-environment/s12-title-and-risk-of-loss.html
https://saylordotorg.github.io/text_advanced-business-law-and-the-legal-environment/s13-performance-and-remedies.html
https://saylordotorg.github.io/text_advanced-business-law-and-the-legal-environment/s14-products-liability.html