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Section 10 Stipulations as to time

Original text. Later amendments are not shown.

(1)

Unless a different intention appears from the terms of the contract stipulations as to time of payment are not deemed to be of the essence of a contract of sale. Whether any other stipulation as to time is of the essence of the contract or not depends on the terms of the contract.

(2)

In a contract of sale “month ” means prima, facie calendar month.