Jack has a contract to deliver goods to Jim on June 2.On May 31,Jack calls Jim and advises him that he cannot deliver the goods on June 2.This is
A)an anticipatory breach.
B)an early breach.
C)an implied repudiation.
D)an early termination.
E)a rescission.

Question

Quizplus · Accepted Answer

Jack's call to Jim indicating his inability to deliver the goods on June 2 is an anticipatory breach. This is because he is giving prior notice that he will not be able to fulfill his contractual obligation on the agreed-upon date. As a result, Jim can either wait to see if Jack will still perform or immediately consider the contract as breached and pursue legal remedies.

Jack Has a Contract to Deliver Goods to Jim on June