A(n) ________ can be obtained in writing from the other party if there is an indication that a contract will be breached by that party.
A) adequate assurance of performance
B) replevy
C) right to obtain specific performance
D) good faith agreement

Question

Quizplus · Accepted Answer

Adequate assurance of performance is a legal term that refers to a promise or guarantee given by one party to another in order to ensure that contractual obligations will be fulfilled. If one party indicates that they may not be able to fulfill their obligations under a contract, the other party can request adequate assurance of performance before taking legal action. This can be obtained in writing to provide evidence of the other party's commitment to fulfilling their obligations. Replevy is a legal remedy for recovering property wrongfully taken or detained, and is not relevant to the situation described in the question. The right to obtain specific performance is a remedy for breach of contract that seeks to have the other party perform their obligations as stated in the contract. A good faith agreement is a contract that is entered into with honesty and integrity, but does not address the issue of breach or adequate assurance of performance.

A(n) ________ Can Be Obtained in Writing from the Other