When a Party Commits an Anticipatory Breach, the Nonbreaching Party

question 55

Multiple Choice

When a party commits an anticipatory breach, the nonbreaching party ________.

• A) must wait until the performance was due before suing
• B) is immediately discharged from his or her own duties
• C) cannot seek damages because he or she received advance notice of the breach
• D) loses his or her right to sue after the due date for performance is reached

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Definitions:

Non-tax Payments

Fees or charges paid to the government that are not considered taxes, such as fines, licenses, or charges for public services.

Noncorporate Businesses

Businesses that are not incorporated and typically include sole proprietorships, partnerships, and family-owned entities.

Imports

Goods or services brought into one country from another for the purpose of trade.

Exports

Goods and services produced in one country and sold to buyers in another, contributing to the exporting nation's GDP.