When an Anticipatory Repudiation Occurs,what Must the Nonbreaching Party Show

question 7

Multiple Choice

When an anticipatory repudiation occurs,what must the nonbreaching party show to recover damages right away for total breach of the contract?

• A)He was ready,willing,and able to perform his part of the contract.
• B)The anticipatory repudiation was made in bad faith.
• C)The breaching party failed to notify him within a reasonable amount of time.
• D)The breaching party could have performed but arbitrarily decided not to regardless.

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Definitions:

Satisfaction

The feeling of pleasure or contentment arising from the fulfillment of one's needs or desires.

Concessions

Compromises made by negotiating parties where one or more participants agree to make a change in their position to reach an agreement.

Bargaining Positions

The stance or demands made by negotiating parties as starting points for negotiations.

Negotiate

The process of discussing to reach an agreement or compromise between parties with differing views.