Asked by
Kinsey Avent _ Student - MiddleCreekHS
on Nov 23, 2024Verified
Robin offered to sell her 10-speed touring bicycle to Felicia for $200 on her return from a two-week bicycle trip to a distant city. At the end of the first week, Felicia received a long distance telephone call from Robin, in which Robin advised Felicia that she had decided not to sell the bicycle on her return. Felicia was disappointed, as a similar bicycle on the market would cost her at least $250. She decided to wait until Robin returned then urge her to go through with the sale. Before Robin reached home, her bicycle was stolen, and never found. Repudiation before the date fixed for performance is known as anticipatory breach.
Anticipatory Breach
When one party indicates before the time of performance that they will not fulfill their part of the contract.
Performance
The execution or accomplishment of work, acts, feats, or functions as specified in a contract or agreement.
Repudiation
The rejection or denial of a duty, obligation, or contract.
- Understand the concept and implications of anticipatory breach in contract law.
Verified Answer
MP
Learning Objectives
- Understand the concept and implications of anticipatory breach in contract law.
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