Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

anticipatory breach

Read a random definition: party

A quick definition of anticipatory breach:

Anticipatory breach is when one person in a contract says they won't do what they promised before the time they were supposed to do it. This means the other person doesn't have to do what they promised either. The person who broke the contract can take back what they said, but only if the other person hasn't already acted on it.

A more thorough explanation:

In contract law, anticipatory breach refers to a situation where one party to a contract indicates that they will not fulfill their obligations before the performance is due. This is also known as repudiation. When this happens, the other party is excused from performing their own obligations under the contract.

For example, let's say that John and Jane have a contract for John to deliver 100 widgets to Jane by the end of the month. However, a week before the delivery date, John tells Jane that he will not be able to deliver the widgets. This is an anticipatory breach, as John has indicated that he will not fulfill his obligations before the performance is due.

If Jane chooses to do so, she can now terminate the contract and seek damages from John for any losses she may have suffered as a result of his breach.

It's important to note that a party can retract their anticipatory breach, but only if the other party has not relied on it. In other words, if Jane has already made alternative arrangements for the widgets because she believed that John would not fulfill his obligations, then John cannot retract his anticipatory breach.

anticipation | anticipatory warrant

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
LSD+ is ad-free, with DMs, discounts, case briefs & more.