(a) Unless it can be inferred from the facts that contracting parties intended otherwise, the time agreed for performance will be treated as a condition rather than a warranty and late performance therefore justifies termination of further performance.
(b) Unless it can be inferred from the facts that contracting parties intended otherwise, the time agreed for performance will be treated as a warranty rather than a condition and late performance does not therefore justify termination of further performance.
(c) Legislation now requires that the time agreed by contracting parties for performance must be treated as a warranty rather than a condition, and late performance does not therefore justify termination of further performance.
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