In Sharp v. Christmas (1892) 8 T.L.R. 687, the subject-matter of the contract was a quantity of potatoes to be delivered on board a boat in England before Christmas. The report shows Lord Esher as saying: The general rule was that in a mercantile contract time was of the essence of the contract. And in this case it was particularly so, for potatoes were a perishable commodity.
"The most advanced legal research software ever built."
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexsei.com.