The Tinchers signed a contract to sell land to Creasy. The contract specified that the sales transaction
Question:
The Tinchers signed a contract to sell land to Creasy. The contract specified that
the sales transaction was to be completed in 90 days. At the end of the 90 days,
Creasy requested an extension of time. The Tinchers refused to grant an extension
and stated that the contract was terminated. Creasy claimed that the 90-day clause
was not binding because the contract did not state that time was of the essence.
Was the contract terminated? [Creasy v Tincher, 173 SE2d 332 (W Va)]
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Anderson's Business Law And The Legal Environment
ISBN: 9780324638189
20th Edition
Authors: David P Twomey, Marianne M Jennings, Ivan Fox
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