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Code · Vermont · Vermont Statutes

§ 2—610.

125 words·~1 min read·/vt/2-74

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§ 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 (§ 2—703 or § 2—711), even though he or she has notified the repudiating party that he or she would await the latter’s performance and has urged retraction; and
(c)in either case suspend his or her 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 (§ 2—704).
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