A buyer's cancellation of a contract based on the seller's anticipatory repudiation is effective:
A) only if the buyer expressly notifies the seller of the cancellation.
B) if the cancellation precedes the seller's attempt to retract her repudiation.
C) only if bond has been obtained.
D) All of these are correct.

Question

Quizplus · Accepted Answer

A buyer can cancel a contract if the seller anticipatorily repudiates, provided the cancellation occurs before the seller retracts the repudiation.

A Buyer's Cancellation of a Contract Based on the Seller's