Unless a different intention appears from the terms of the contract, stipulations as to time of payment arc 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.
CHAPTER II FORMATION OF THE CONTRACT · Conditions and waranties
Section 11: Stipulations as to time
Questions on this section
1 question in 5 of our papers cite Section 11.