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Sergio [31]
3 years ago
9

When a promisor announces before the time for his performance is due that he will not perform, he is said to have committed a(n)

_____?
Social Studies
1 answer:
RideAnS [48]3 years ago
4 0

Answer – An anticipatory breach (or repudiation)

 

A promisor may be required to give reassurance that contractual performance will be forthcoming when there is reasonable ground for insecurity<span>. <span>If no adequate assurances are forthcoming, anticipatory breach may be assumed, an announcement by the promisor before the time for his performance is due that he will not perform an outright repudiation (anticipatory breach)</span></span>

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