_____ refers to a party's decision to suspend its performance under a contract when the other party indicates that it does not wish to fulfill its obligations under the contract.
A) Anticipatory repudiation
B) Tender of delivery
C) Buyer's waiver
D) Contract breach

Question

Quizplus · Accepted Answer

Anticipatory repudiation refers to a party's decision to suspend its performance under a contract when the other party indicates that it does not wish to fulfill its obligations under the contract. Suppose the party who repudiated the contract changes his mind. Repudiation can be withdrawn by clearly indicating that the person intends to perform his obligations.

_____ Refers to a Party's Decision to Suspend Its Performance