If a party to a contract anticipatorily repudiates a contract,then:

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If a party anticipatorily repudiates a contract, the other party can choose to consider the repudiation as a breach of contract and terminate the contract or wait and see if the repudiating party will retract their statement. However, if the aggrieved party relies on the repudiation and changes their position in some way (such as finding a substitute for the contract), then the repudiating party cannot retract their statement. Alternatively, if the aggrieved party waits to see what the repudiator will do, and the repudiator retracts their statement, the contract will continue as if the repudiation never occurred. Therefore, the repudiation may be retracted only if the aggrieved party has not changed their position or canceled the contract.

If a Party to a Contract Anticipatorily Repudiates a Contract,then