Katrina: "Give me a second, I'm waiting for Jessica to write on my wall. I "liked" her status 4 minutes ago. I gotta wait for the 5-minute Rule."
Mom: "You don't have any friends...so stop pretending! And switch the damn laundry before you go to bed."
Man 2: Ahh man I can't, im waiting for Katie to reply.
Man 3: Dammit Man 2, you've been waiting for Katie to reply for at least 6 minutes now. 5 minute rule dude.
Girl: "No! I dropped my Mars-bar behind the computer desk! T_T"
Boy: "Here, have mine, I'll invoke the 5 minute rule." Boy proceeds to fish the Mars-bar, and emerges victorious after a few minutes of shuffling under the desk.
Dropper: "...so I was late to get up, my car was stolen, when I got to work my boss said not to come in if I can't get there in time, and-- here I go, dropping my sandwich on the floor. Perfect." Dropper stands still for a moment before picking up the sandwich.
This 5 minute rule is usually used along with bets made from both parties. These bets are almost 100% of the time won by the woman, because their male partners are just so ridiculously wrong.
On rare occasion though, some woman will feel the benefits of the 5 minute rule.
This term is also commonly used in text messages like the following:
"5 in 3 minutes. Bathroom. Be there"