reasonable time

reasonable time.

1. Contracts. The time needed to do what a contract requires to be done, based on subjective circumstances. • If the contracting parties do not fix a time for performance, the law will usu. presume a reasonable time. [Cases: Contracts 212. C.J.S. Contracts § 582.]

2. Commercial law. The time during which the UCC permits a party to accept an offer, inspect goods, substitute conforming goods for rejected goods, and the like. [Cases: Sales 22(5), 23(5), 166(1), 168(2), 179(6).C.J.S. Sales §§ 34, 176, 182, 186–187, 192, 194–198.]

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词条贡献者

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，擅长翻译涉及工业与制造业领域的法律文件。