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repudiation of contract

Last modified: Thu Feb 23 16:37:37 2006

A form of BreachOfContract where a party announces his intention not to perform his obligations under it (rather that simply not performing it in the expected time and manner). This is also known as `anticipatory breach of contract'. A person may have the right to repudiate if the other party is in breach of a Condition of the contract, and he may then treat the contract as discharged. However, repudiation is a breach of contract, and if done without good cause will leave the repudiator liable for Damages.

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