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Mustang Pipeline Co. hired Driver Pipeline Co. to lay 100 miles of pipeline in 98 days. On day 58, Driver had only completed 14 miles

Mustang Pipeline Co. hired Driver Pipeline Co. to lay 100 miles of pipeline in 98 days. On day 58, Driver had only completed 14 miles of pipe and gave up. Realizing that Driver was unlikely to make the deadline., Mustang terminated the contract. Under what principle did Mustang terminate? Was the termination justified?

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