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Anticipatory Rebudiation. ABC Clothiers, inc., has a contract with Taylor & Sons. a retailer, to deliver one thousand summer suits to Taylor's place of business
Anticipatory Rebudiation. ABC Clothiers, inc., has a contract with Taylor & Sons. a retailer, to deliver one thousand summer suits to Taylor's place of business on or before May 1. On April 1, Taylor receives a letter from ABC informing him that ABC will not be able to make the delivery as scheduled. Taylor is very upset, as he had planned a big campaign. Assume that Taylor & Sons can either file immediately or wait until ABC fails to deliver the goods. Explain all aspects of both alternatives (suing immediately or waiting until May 1).
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