Please choose the correct ending to complete the given sentence: Education and Communications: [header] How to draft a contract clause dealing with delay in performance [title] Specify deadlines for performance of all stages of the agreement. [step] Many courts won't award damages for delay if your contract doesn't have a specified end date, or particular deadlines for each phase of the project. [substeps] In the absence of specific dates of completion, contract law requires work to be completed in a reasonable amount of time.

Ending1: In general, failure to do so could incur serious damages, significantly more than be accounted for if it happens at all. [title] Indicate an amount of time for delayed performance. Ending2: A specified period of time isn't necessary. Some states prefer that there be only one stage of the project, while other courts will award good performance only for that mid-stage. Ending3: When your clauses address a deadline, do not mention it. You also don't need to mention the date of the labor costs or the names of the founding directors. Ending4: However, what is considered " reasonable " could vary widely from person to person. For each deadline, you should detail exactly what you expect to be finished by that date.

Answer format: ending1/ending2/ending3/ending4