Anticipatory breach of a contract is also referred to as anticipatory ________.
A) reformation
B) rescission
C) repudiation
D) restitution

Question

Quizplus · Accepted Answer

Anticipatory breach occurs when one party to a contract clearly and unequivocally communicates to the other party that they will not perform their contractual obligations. This is also known as repudiation. Choice A, reformation, is the process of changing the terms of a contract to reflect the original parties' true intentions. Choice B, rescission, is the process of canceling a contract, which is not relevant to anticipatory breach. Choice D, restitution, involves returning something to its original owner or position, and is also not relevant to anticipatory breach.

Anticipatory Breach of a Contract Is Also Referred to as Anticipatory