In the language of contracts, what is the difference between reasonable time and "time is of the essence"?Reasonable time is flexible, while "time is of the essence" is notThere's no meaningful difference between reasonable time and "time is of the essence."Reasonable time is five days, while "time is of the essence" is $10$days."Reasonable time" is a phrase that must be added to a contract by a lawyer, while "time is of the essence" is a phrase that an agent can 

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Reasonable time and time is of the essence are both terms used in contracts and they carry different ... View the full answer