Asked by Michelle Chrisette on Jun 18, 2024
Verified
When faced with an anticipatory breach, what is the risk if the innocent party insists on performance?
Anticipatory Breach
A situation where one party indicates by words or actions that they will not fulfill their contractual obligations.
Performance Risk
The possibility of a party failing to fulfill their obligations under a contract, leading to performance failure.
- Gain insight into the idea and outcomes of anticipatory breach in the context of contract law.
Verified Answer
LC
Lizbeth CabrejaJun 19, 2024
Final Answer :
That party is bound by the choice. If that party cannot perform, then he or she would also be in breach.
Learning Objectives
- Gain insight into the idea and outcomes of anticipatory breach in the context of contract law.