An adequate assurance of performance may be demanded:
A) orally.
B) in writing.
C) by conduct.
D) orally or by conduct.
E) in writing or by conduct.

Question

Quizplus · Accepted Answer

An adequate assurance of performance should be demanded in writing to have a clear record of the terms agreed upon. Oral assurances may be subject to misunderstandings or disagreements, and with a written document, the parties involved have a clear understanding of what is expected of them. Conduct may also be indicative of a willingness to perform, but it should be supplemented by a written assurance of performance. Thus, option B – in writing – is the best choice for an adequate assurance of performance.

An Adequate Assurance of Performance May Be Demanded