Asked by Morgan Brunk on Jul 06, 2024
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Justin agrees to start a life-size portrait of Julia beginning November 2.On October 28 he writes to Julia that due to unforeseeable circumstances,he would not be able to perform his promise.Justin has used the doctrine of:
A) accord and satisfaction.
B) anticipatory repudiation.
C) specific performance.
D) quasi-contract.
Anticipatory Repudiation
A contractual condition where one party indicates they will not fulfill their contractual duties before the time of performance is due.
Unforeseeable Circumstances
Events that could not have been predicted and therefore are out of the control of the contracting parties, often impacting contracts.
Doctrine
A belief, principle, or policy held by a person or organization, especially one taught by a church or political party.
- Recognize the impact of anticipatory repudiation on contracts and the remedies available.
Verified Answer
Learning Objectives
- Recognize the impact of anticipatory repudiation on contracts and the remedies available.
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