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Source Joint and Several Liability Joint and Several Liability Showing the closest available flashcard practice.

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0 tracked cards Contracts

A caterer contracted to provide food for a banquet next month. Two weeks before the event, the caterer emailed, "We will not provide food for your banquet under this contract. We have booked another event." The customer immediately hired another caterer and sued.
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Anticipatory repudiation is impossible in sale-of-goods contracts. A clear and unequivocal statement that a party will not perform when performance is due can be an anticipatory repudiation. A party repudiates only by physically destroying the contract document. A repudiation never allows the injured party to suspend performance.

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