When a party expressly declares that performance will not be made when required,this declaration is a(n):

Name: When a party expressly declares that performance will not be made when required,this declaration is a(n):
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

This is an anticipatory repudiation, which occurs when one party explicitly indicates that they will not perform their contractual obligations when required. This can be considered a breach of contract before the actual performance is due.

When a Party Expressly Declares That Performance Will Not Be