When the Other Party Commits an Anticipatory Breach,the Nonbreaching Party

question 69

Multiple Choice

When the other party commits an anticipatory breach,the nonbreaching party:

• A)Must wait until the performance was due before suing.
• B)Is immediately discharged from her own duties.
• C)Is not able to seek damages because she received advance notice of the breach.
• D)Is usually able to seek specific performance.

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Definitions:

Change in Demand

A shift in the quantity of a product or service that consumers are willing and able to buy at various prices, due to factors like changes in consumer preferences, income, or the prices of related goods.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a specific period.

Price

The pecuniary figure assumed, needed, or distributed as payoff for something.

Demand Curve

A visual depiction highlighting how the cost of a good influences the quantity that buyers seek.