When a person informs you before performance is due that he is not going to perform the contract,you don't have to wait to see if he does perform; you can make other arrangements and sue right away.

Question

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This statement is true. When one party informs the other party beforehand that they will not fulfill the contract, the other party can take immediate action and sue them for breach of contract without waiting for the performance date. This is known as anticipatory breach or anticipatory repudiation.

When a Person Informs You Before Performance Is Due That