U.C.C. - ARTICLE 2 - SALES
..PART 6. BREACH, REPUDIATION AND EXCUSE
§ 2-610. Anticipatory Repudiation.
When either party repudiates the contract with
respect to a performance not yet due the loss of which will substantially impair
the value of the contract to the other, the aggrieved party may
- (a) for a commercially reasonable time await performance by the repudiating
party; or
- (b) resort to any remedy for breach (Section 2-703 or
Section 2-711), even though he has notified the repudiating
party that he would await the latter's performance and has urged retraction;
and
- (c) in either case suspend his own performance or proceed in accordance
with the provisions of this Article on the seller's right
to identify goods to the contract notwithstanding
breach or to salvage unfinished goods (Section 2-704).
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© Copyright 2005 by The American Law Institute and the National Conference of Commissioners on Uniform State Laws; reproduced, published and distributed with the permission of the Permanent Editorial Board for the Uniform Commercial Code for the limited purposes of study, teaching, and academic research.