Question

Assume that three weeks before you and lester are supposed to close your deal for the sale a twenty-acre tract of land, lester calls you and says, "the deal is off!" in this situation, lester's actions constitute:

Answer 1

Accept that three weeks previously you and Lester should finalize your negotiations for the deal a twenty-section of land tract of land, Lester calls you and says, "The arrangement is off!" In this circumstance, Lester's activities constitute an expectant renouncement of the agreement or an anticipatory repudiation of the contract.