A breach committed before the actual due date of the performance of the contract is called?
Answers
Answer:
Explanation:
Anticipatory Repudiation
Concept Introduction:
When one party fails to carry out their end of the deal before the deadline or executes imperfectly, there has been a real breach. An anticipated breach happens when one party expresses his intention to break the agreement before the performance deadline.
Explanation:
We have been given a question about actual due date of the performance.
We have to find a breach committed before the actual due date of the performance of the contract.
A party's failure to uphold its contractual duties to another party is prevented by an anticipatory breach, also known as repudiation. Any party asserting an anticipatory breach who intends to pursue a claim for damages in court must use all reasonable efforts to limit their own losses.
Final Answer:
The final answer is Anticipatory breach of contract.
#SPJ2