Jack has a contract to deliver goods to Jim on June 2, 2003. On May 31, 2003, Jack calls Jim and advises him that he cannot deliver the goods on June 2, 2003. This is
A) an early breach
B) an anticipatory breach.
C) an early termination.
D) an implied repudiation.
E) a rescission.

Question

Quizplus · Accepted Answer

This is an anticipatory breach, as Jack is informing Jim in advance that he will not be able to deliver the goods on the agreed-upon date. This gives Jim the option to either wait for the delivery or to seek other arrangements, such as finding a different supplier.

Jack Has a Contract to Deliver Goods to Jim on June