If,before the time for contract performance,one party clearly communicates to the other the intention not to perform,the other party must wait to see if the repudiating party will decide to honor the contract despite the avowed intention to renege.

Question

Quizplus · Accepted Answer

The non-repudiating party does not have to wait and can treat the contract as breached immediately, allowing them to seek remedies for anticipatory repudiation.

If,before the Time for Contract Performance,one Party Clearly Communicates to the Other