Lessee contracts to deliver 50 luxury automobiles to lessor no later than august 15th. on august 1st, lessee delivers the wrong model of automobile. how much time will the lessee have to cure the defect?
Because the initial delivery was made on August 1st and the original agreement was for the delivery to be no later than August 15th, that gives the lessee exactly 14 days to correct the problem and make good on the contract.
