Multiple choice

Suppose the time fixed for performance of the contract has expired but the time is not essential. What is the remedy of the promisee in the circumstances?

  1. Can rescind the contract

  2. To claim compensation

  3. No remedy available

  4. Can't be determined

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

When time is not essential to the contract, delay in performance does not give the promisee the right to rescind the contract. The promisee can only claim compensation for any loss caused by the delay. Rescission is available only when time is expressly or impliedly made essential.