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Gale Encyclopedia of American Law Volume 14 P21 fully illuminates today's leading cases, major statutes, legal terms and concepts, notable persons involved with the law, important documents and more. Legal issues are fully discussed in easy-to-understand language, including such high-profile topics as the Americans with Disabilities Act, capital punishment, domestic violence, gay and lesbian rights, physician-assisted suicide and thousands more. | DICTIONARY OF LEGAL TERMS RECEIVERSHIP 187 Reasonable person A phrase frequently used in tort and criminal law to denote a hypothetical person in society who exercises average care skill and judgment in conduct and who serves as a comparative standard for determining liability. Reasonable time In the absence of an express or fixed time established by the parties to an agreement or contract especially one that falls under the purview of the uniform commercial code UCC any time which is not manifestly unreasonable under the circumstances. For example if a contract does not fix a specific time for performance the law will infer and impose a reasonable time for such performance. This is defined as that amount of time which is fairly necessary conveniently to do what the contract requires to be done as soon as circumstances permit. The term reasonable time has other related applications UCC 2-206 2 requires that acceptance of an offer be made within a reasonable time if no time is specified. The reasonableness or unreasonableness of time used or taken by a party maybe the subject of judicial review in light of the nature purpose and circumstances of each case. In considering whether there has been unreasonable delay in performance a court may also consider other factors such as prior dealings between the parties business routine or custom within the trade and whether there were any objective manifestations of expectation expressed between the parties. Reasonable woman A standard used by fact finders in sexual harassment litigation to determine whether sexual harassment has occurred. Rebate Discount diminution of interest on capital lent in consideration of prompt repayment thereof reduction of a charge that is not credited in advance but is returned subsequent to payment in full. Rebus sic stantibus Latin At this point of affairs in these circumstances. A tacit condition attached to all treaties to the effect that they will no longer be binding as soon as the state of .
