- reasonable time
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n.A fair and appropriate amount of time to do something under given circumstances.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- reasonable time
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A vague, and disfavored, contractual qualifier used to connote a period by which an act should be performed. Compare: time is of the essenceCategory: Business, LLCs & CorporationsCategory: Small Claims Court & Lawsuits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- reasonable time
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n. The subjectively determined amount of time that should be needed to complete what a contract requires to be done; how long the Uniform Commercial Code provides for an offer or goods to be accepted or rejected by a buyer or for substitute goods to be provided by the seller before one or the other becomes in default.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- reasonable time
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In the absence of an express or fixed time established by the parties to an agreement or contract (especially one that falls under the purview of the Uniform Commercial Code (UCC)), any time which is not manifestly unreasonable under the circumstances. For example, if a contract does not fix a specific time for performance, the law will infer (and impose) a reasonable time for such performance. This is defined as that amount of time which is fairly necessary, conveniently, to do what the contract requires to be done, as soon as circumstances permit. The term "reasonable time" has other (related) applications: UCC 2-206(2) requires that acceptance of an offer be made within a "reasonable time" if no time is specified.The reasonableness or unreasonableness of time used or taken by a party may be the subject of judicial review in light of the nature, purpose, and circumstances of each case. In considering whether there has been unreasonable delay in performance, a court may also consider other factors such as prior dealings between the parties, business routine or custom within the trade, and whether there were any objective manifestations of expectation expressed between the parties.
Dictionary from West's Encyclopedia of American Law. 2005.
- reasonable time
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In the absence of an express or fixed time established by the parties to an agreement or contract (especially one that falls under the purview of the Uniform Commercial Code [UCC]), any time which is not manifestly unreasonable under the circumstances. For example, if a contract does not fix a specific time for performance, the law will infer (and impose) a reasonable time for such performance. This is defined as that amount of time which is fairly necessary, conveniently, to do what the contract requires to be done, as soon as circumstances permit. The term "reasonable time" has other (related) applications: UCC 2-206(2) requires that acceptance of an offer be made within a "reasonable time" if no time is specified.The reasonableness or unreasonableness of time used or taken by a party may be the subject of judicial review in light of the nature, purpose, and circumstances of each case. In considering whether there has been unreasonable delay in performance, a court may also consider other factors such as prior dealings between the parties, business routine or custom within the trade, and whether there were any objective manifestations of expectation expressed between the parties.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- reasonable time
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n.in contracts, common custom in the business or under the circumstances will define "reasonable time" to perform or pay. It is bad practice to draft a contract using such a vague term.
Law dictionary. EdwART. 2013.
