If one party to a contract anticipatorily repudiates the contract,the aggrieved party may:

Question

Quizplus · Accepted Answer

If one party anticipatorily repudiates the contract, the aggrieved party has the following options:
A) Treat the repudiation as a breach at that time: This means that the aggrieved party can consider the contract as breached immediately, even if the time for performance has not yet arrived.
B) Await performance for a commercially reasonable time: The aggrieved party can choose to wait and see if the repudiating party changes their mind and performs as agreed within a reasonable time.
C) Suspend his/her own performance: The aggrieved party can stop or delay their own performance under the contract until the other party either performs or it becomes clear that they will not perform.

Therefore, the best choice is D - all of the above options are available to the aggrieved party.

If One Party to a Contract Anticipatorily Repudiates the Contract,the