Time of the essence- a misunderstood term (Record no. 69652)

MARC details
000 -LEADER
fixed length control field 01202cam a2200253 4500
001 - CONTROL NUMBER
control field ABS65081
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 020301n2002 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u116945
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Molloy, JB.
245 ## - TITLE STATEMENT
Title Time of the essence- a misunderstood term
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2002
490 ## - SERIES STATEMENT
Series statement Surveying News
Volume/sequential designation 11(1) January 2002, 14-15(2)
520 ## - SUMMARY, ETC.
Summary, etc. Argues that this phrase is often misused in construction contracts, implying that if a building is not completed on time, then the employer does not want the building at all, and will treat the contract as repudiated. Such a case would be very rare. Probably what is really wanted is the contractor to try to finish on time, avoiding extensions of time and liquidated damages. An alternative course would be for an employer to serve a notice requiring completion by a certain date.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LUCAS V GODWIN
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LAMPRELL V BILLERICAY UNION
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element PEAK CONSTRUCTION LIVERPOOL LTD V MCKINNEY FOUNDATIONS LTD
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Contracts
9 (RLIN) 6232
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element COMPLETION
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element EXTENSION OF TIME
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LIQUIDATED DAMAGES
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 01/03/2002   ABS65081 116945-1001 06/08/2019 1 06/08/2019 Journal article