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What is the legal term for a party's indication that they will not perform their

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Question: What is the legal term for a party\'s indication that they will not perform their contractual obligations before the performance is due?

Options:

  1. Breach
  2. Anticipatory breach
  3. Minor breach
  4. Material breach

Correct Answer: Anticipatory breach

Solution:

Anticipatory breach occurs when one party indicates they will not perform their obligations before the performance is due.

What is the legal term for a party's indication that they will not perform their

Practice Questions

Q1
What is the legal term for a party's indication that they will not perform their contractual obligations before the performance is due?
  1. Breach
  2. Anticipatory breach
  3. Minor breach
  4. Material breach

Questions & Step-by-Step Solutions

What is the legal term for a party's indication that they will not perform their contractual obligations before the performance is due?
No concepts available.
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