Question
Which of the following is CORRECT? Select one: a. If a contract has been repudiated, the innocent party has a choice. The contract may be
Which of the following is CORRECT?
Select one:
a. If a contract has been repudiated, the innocent party has a choice. The contract may be terminated immediately and damages claimed, or the breach can be ignored and the contract can be kept in place.
b. Repudiation must be clearly and expressly stated by a party, and cannot be inferred from conduct.
c. Repudiation is a legal excuse for a breach of contract, and prevents damages from being payable.
d. Repudiation gives rise to a right to claim damages, but the right of the innocent party to terminate depends upon the nature of the term that has been breached.
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