California Civil Code 1492 – Where delay in performance is capable of exact and entire …
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Where delay in performance is capable of exact and entire compensation, and time has not been expressly declared to be of the essence of the obligation, an offer of performance, accompanied with an offer of such compensation, may be made at any time after it is due, but without prejudice to any rights acquired by the creditor, or by any other person, in the meantime.
(Enacted 1872.)
Terms Used In California Civil Code 1492
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.