Reasonable time
Term · Law · MLC-T-LAW-004136
A period of time that is fair, appropriate, and sufficient for a particular action or obligation, considering all the circumstances of the situation. This concept is frequently applied in contract law when no specific deadline is stated. What constitutes a reasonable time is determined by factors such as industry custom, urgency, and the nature of the goods or services.
| Identifier | MLC-T-LAW-004136 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004136",
"term": "Reasonable time",
"field": "Law",
"definition": "A period of time that is fair, appropriate, and sufficient for a particular action or obligation, considering all the circumstances of the situation. This concept is frequently applied in contract law when no specific deadline is stated. What constitutes a reasonable time is determined by factors such as industry custom, urgency, and the nature of the goods or services.",
"url": "https://mlchart.com/terminology/law/reasonable-time/"
}
Record 4,188 of 5,441 in Law terminology (MLC-0107). Request the full dataset.