Advantages and Disadvantages
Grace periods can provide some advantages. For example, people who habitually are on time for their obligations, but due to occasional unforeseen circumstances are late on a rare occasion, can avoid a penalty for being late within the grace period and maintain their reputation for timeliness.
However, habitual procrastinators may come to view the grace period as the actual deadline, and if, due to unforeseen circumstances, they are occasionally late beyond that, they might complain about the applied penalty.
Read more about this topic: Grace Period
Famous quotes containing the word advantages:
“If the minds of women were enlightened and improved, the domestic circle would be more frequently refreshed by intelligent conversation, a means of edification now deplorably neglected, for want of that cultivation which these intellectual advantages would confer.”
—Sarah M. Grimke (1792–1873)