Where there is an anticipatory repudiation,the non-breaching party's obligations under the contract are discharged immediately.

Question

Quizplus · Accepted Answer

Anticipatory repudiation refers to a situation where one party to a contract indicates that they will not perform their obligations under the contract before the time for performance arrives. In such a situation, the non-breaching party is immediately released from their obligations under the contract, and can seek damages or pursue other legal remedies. Therefore, the statement is true - where there is an anticipatory repudiation, the non-breaching party's obligations under the contract are discharged immediately.

Where There Is an Anticipatory Repudiation,the Non-Breaching Party's Obligations Under