Breach by Anticipatory Repudiation - Mar. 22 Flashcards
1
Q
What is repudiation? (DeLong)
A
To repudiate a contract is to refuse to perform it. (430)
2
Q
What is anticipatory repudiation? (DeLong)
A
Announcing refusal before the performance is due. (430)
3
Q
What counts as repudiation? (DeLong)
A
A repudiation is either an unequivocal refusal to perform or the doing of an act that makes it impossible to perform as promised. (431)
4
Q
What is the purpose of communicating a repudiation? (DeLong)
A
The purpose of communicating a repudiation can be to give a warning, permitting the other party to act quickly to mitigate any damage it might suffer from non-performance. (431)
