giorno5279 giorno5279
  • 20-06-2018
  • Social Studies
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Difference between prospective anticipatory repudiation and prospective failure to perform

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ahmedishaal ahmedishaal
  • 30-06-2018

The difference is that "repudiation must be unequivocal, while prospective failure to perform involves mere doubts".

A group is considered to have repudiated an agreement when they prove an absence of readiness or a powerlessness to play out their legally binding commitments. A repudiation of an agreement by one gathering (the renouncing party) will entitle the other party (the distressed party) to choose to end the agreement.

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