_____of a contract occurs when one party knows ahead of time that the other party will _____.
A) Anticipatory repudiation; breach the contract
B) Anticipatory repudiation; perform the contract
C) Mutual performance repudiation; breach the contract
D) Conditional performance; breach the contract

Question

Quizplus · Accepted Answer

Anticipatory repudiation occurs when one party knows ahead of time that the other party will breach the contract. It is also known as anticipatory breach. This gives the non-breaching party the right to terminate the contract and seek damages.

_____Of a Contract Occurs When One Party Knows Ahead of Time