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Thursday 4 July 2013

Anticipatory Repudiation

Anticipatory Repudiation
Party communicates he will not perform by time of contract performance.
No breaching party may suspend performance and:
§ Treat the A.R. as material breach and pursue a remedy; or
§ Wait a reasonable time.
Case 21.3:  Banco International v. Goody’s Family Clothing (1999).

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