What Does Anticipatory Breach Of Contract Mean

What is meant by Anticipatory Breach of Contract?

Answer (1)

Team Legistify

  • Sector-1, Noida

Anticipatory repudiation, also called an anticipatory breach, is a term in the law of contracts that describes a declaration by the promising party to a contract, that he or she does not intend to live up to his or her obligations under the contract.In other words,Anticipatory breach gives the party who is soon to suffer from the anticipated breach the option of suing for performance without waiting anymore, or to rescind the contract.

Answered on 28 Sep 2018

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