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Anticipatory Repudiation

Learn about special rules applicable if a party manifests, by word or action and before performance is due, that she cannot or will not perform her contractual obligations.

Transcript

Under Article 2, a breach of contract occurs when one party fails to perform its contractual obligations. Generally, a breach occurs after the time for performance has passed. However, Article 2 recognizes the unfairness of forcing one party to perform when it has reasonable grounds to believe that the other party can’t or won’t perform. To address this unfairness, Article 2 has adopted the concept of anticipatory repudiation.

I. Anticipatory Repudiation

Generally speaking, anticipatory...

Lessons

1. Welcome to Sales
  • Welcome to Sales
2. Introduction to UCC Article 2
  • Scope of Article 2: Transactions in Goods
  • Distinguishing Goods and Services Contracts
  • Key Terms in Article 2
3. Contract Formation and Modification
  • Contract Formation and Modification
  • Battle of the Forms
  • The Statute of Frauds
  • The Parol Evidence Rule
4. Contract Interpretation
  • Article 2 Gap-Fillers
  • Risk of Loss
  • Additional Interpretive Devices
5. Performance
  • The Perfect-Tender Rule and the Right to Cure
  • Inspection and Acceptance
  • Rejection and Revocation
6. Breach, Repudiation, and Excuse
  • Anticipatory Repudiation
  • Adequate Assurance
  • Impracticability of Performance
7. UCC Article 2 Warranties
  • Express Warranties
  • Implied Warranty of Merchantability
  • Implied Warranty of Fitness
  • Excluding and Modifying Warranties
8. Remedies
  • Seller's Remedies
  • Seller's Alternative Remedies
  • Buyer's Remedies for Nondelivery
  • Buyer's Remedies for Accepted Goods
  • Buyer's Incidental and Consequential Damages