On August 29, Paris and Helen agree that Paris will supply Helen with natural gas for one year beginning on January 1 and Helen
will make payments each month. On September 30, Helen contacts Paris and informs him that she may not be able to make the monthly payments, but she will try. On December 14, Paris contacts another supplier who agrees to supply him with the natural gas for a year beginning on January 1. On December 15, Helen notifies Paris that she should be able to make the monthly payments. Helen may not retract her anticipatory repudiation because Paris relied on it and had entered into another contract with a different supplier.a. Trueb. False
Anticipatory repudiation is the act by which one party notifies the other intentions of not continuing with their relationship -typically tied to a contract- because of different factors. Those factors sometimes are specified in the terms of the contract and must be met for a Court to qualify the case as an anticipatory breach.
Thus, in the example, <em>Helen should retract her anticipatory breach since she will be able to make the payments for the gas service even though Paris changed the supplier.</em>
Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)
= 6% ÷ 14%
= 0.42
Price elasticity of demand is greater than 1 that which means demand is elastic. Therefore the increase in price, the revenue will decrease because demand is elastic.
Based on the information provided within the question it can be said that in this scenario Jon and Ana's exchange is an example of a meta-conflict. This term refers to a disagreement or conflict about how exactly one should engage in a conflict. Which in this scenario both Ana and Jon are arguing that the other is approaching the conflict in the incorrect manner.
