If you are concerned as to whether you can be sued for the late delivery of goods that you supply contract in this video is for you
When you supply goods as part of a contract, there is usually a term within the contract as to when those goods are to be delivered. This might be termed as a period of time within which you will deliver the goods it may be at a very specific time and date within the contract.
Either way, it is important to know whether or not time is of the essence in the contract. So, what does this mean? When time is of the essence of the contract, it becomes a clause of the contract which gives termination rights to the other party; not only that, if there are losses caused from a delay of delivery of those goods, they may be able to sue you for those losses based on your failure to meet the time required within the contract.
These clauses are not always written plainly and easily; sometimes, they might say time is not of the essence; sometimes they might say time is of the essence; but, either way, it is important to know whether it is written properly, fully, whether it’s fair, and, therefore, whether it’s enforceable.
If you are not sure whether your contract has such a clause or whether it is worded properly so as to be enforceable, then you need to get in touch