Helen offered to sell her 10-speed touring bicycle to Jane for $200 on her return from a two-week bicycle trip to a distant city.At the end of the first week,Jane received a long distance telephone call from Helen,in which Helen advised Jane that she had decided not sell the bicycle on her return.Jane was disappointed,as a similar bicycle on the market would cost her at least $250.She decided to wait until Helen returned then urge her to go through with the sale.Before Helen reached home,her bicycle was stolen,and never found.
-Repudiation before the date fixed for performance is known as anticipatory breach.

Question

Quizplus · Accepted Answer

Anticipatory breach occurs when one party, before the due date or time for performance, communicates to the other party unequivocally that he is not going to perform his part of the contract. In this scenario, Helen repudiated the contract before the date fixed for performance.

Helen Offered to Sell Her 10-Speed Touring Bicycle to Jane