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If One Party to a Contract Has "Reasonable Grounds" to Believe

question 64

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If one party to a contract has "reasonable grounds" to believe that the other party will not perform as contracted, he or she can demand in writing assurance of performance from the other party.


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A unit of digital information storage or transmission that is approximately equal to one million bytes.

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A form of instruction set designed for efficient execution by a software interpreter or a virtual machine.

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Java Virtual Machine, a virtual machine that enables a computer to run Java programs as well as programs written in other languages compiled to Java bytecode.

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Software designed to perform specific tasks for users, operating within a computer environment.

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