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Question 1

When does anticipatory repudiation occur?

Answer 1

1. Unequivocal refusal to perform

2. Reasonable grounds for insecurity + no assurance in 30d

Question 2

For how long can a repudiating party retract repudiation?

Answer 2

Before non-repudiating party (1) accepted repudiation, (2) acted in reliance on repudiation, OR (3) brought action for breach