Breach of Timely Sales Agreement Execution

A party appealed a lower court's decision that required them to pay damages for failure to execute a sales agreement on time, arguing the lower court erred in finding a mutual agreement on the exact date of execution and in not considering a party's subsequent request for a reasonable extension given market changes. The high court rejected the appeal, affirming that the lower court correctly determined, based on the parties' correspondence and conduct, that a specific execution date had been established and that the appellant's subsequent unilateral request for an extension, unsupported by a valid legal ground or mutual consent, did not negate their liability for breach of the timely performance obligation.