What is the definition of an "anticipatory breach"?
A) a breach that occurs purely for ethical reasons
B) a breach that occurs purely for economic reasons
C) a breach that occurs at the time of founding the contract
D) a breach that occurs before the date for performance

Question

Quizplus · Accepted Answer

An anticipatory breach is when one party indicates, either through words or actions, that they will not fulfill their contractual obligations before the date they are supposed to perform. This allows the other party to take legal action before the breach actually occurs.

What Is the Definition of an "Anticipatory Breach