(1) Whether a time for taking an action required by this code is reasonable depends on the nature, purpose, and circumstances of the action.
(2) An action is taken seasonably if it is taken at or within the time agreed or, if no time is agreed, at or within a reasonable time.
History.—s. 1, ch. 65-254; s. 11, ch. 2007-134.
Note.—s. 1-204, U.C.C.; supersedes s. 674.01.
Structure Florida Statutes
Title XXXIX - Commercial Relations
Chapter 671 - Uniform Commercial Code: General Provisions
Part II - General Definitions and Principles of Interpretation (Ss. 671.201-671.213)
671.201 - General definitions.
671.202 - Prima facie evidence by third-party documents.
671.203 - Obligation of good faith.
671.204 - Actions taken within reasonable time; seasonably.
671.205 - Course of performance; course of dealing; usage of trade.
671.207 - Performance or acceptance under reservation of rights.
671.208 - Option to accelerate at will.
671.212 - Relation to Electronic Signatures in Global and National Commerce Act.