South Carolina § 36-2-610 Anticipatory repudiation.

South Carolina Statutes

§ 36-2-610 — Anticipatory repudiation.

South Carolina·Title 36 COMMERCIAL CODE·Ch. 2 COMMERCIAL CODE—SALES

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 36-2-703 or SECTION 36-2-711), 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 chapter on the seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods (SECTION 36-2-704).

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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 36-2-703 or SECTION 36-2-711), 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 chapter on the seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods (SECTION 36-2-704).

South Carolina § 36-2-610 (Anticipatory repudiation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.