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14. Which of the following is true of time for performance? A. When there's nothing to indicate in the contract that time is of importance,

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14. Which of the following is true of time for performance? A. When there's nothing to indicate in the contract that time is of importance, the court will allow additional time. B. When time for performance isn't stated in the contract, the contract must be performed within a reasonable time. C. Including the phrase "time is of the essence" in a written contract has no effect on the contract. D. When there's something special about the contract that indicates time is essential, additional time is allowed 15. Jack and Jane formed a contract in which Jack agreed to sell Jane a large amount of apples. Jack knew that Jane planned to resell the apples at the farmers' market the following weekend. Jack failed to deliver the apples as promised. Jane will most likely be able to recover A. punitive damages only. B. both compensatory and consequential damages C. compensatory damages only. D. both nominal and punitive damages

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