Examlex
Which of the following is NOT a reason for selecting a preferred format?
Anticipatory Repudiation
A declaration by one party to a contract that it intends to breach the contract before performance is due, allowing the other party to seek remedies.
Contracting Party
One of the entities involved in a legal agreement or contract, who agrees to fulfill certain obligations.
Performance
The execution, fulfillment, or accomplishment of terms as specified in a contract or agreement.
Material Breach
A significant violation of a contract that allows the non-breaching party to terminate the contract and seek damages.
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