Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
anticipatory repudiation
Repudiation of a contractual duty before the time for performance, giving the injured party an immediate right to damages for total breach, as well as discharging the injured party's remaining duties of performance. ( This type of repudiation occurs when the promisor unequivocally disavows any intention to perform when the time for performance comes. Once the repudiation occurs, the nonrepudiating party has three options: (1) treat the repudiation as an immediate breach and sue for damages; (2) ignore the repudiation, urge the repudiator to perform, wait for the specified time of performance, and sue if the repudiating party does not perform; and (3) cancel the contract. -Also termed renunciation. See anticipatory breach under BREACH OF CONTRACT.
repudiation
n. A contracting party's words or actions that indicate an intention not to perform the contract in the future; a threatened breach of contract. - repudiatory (ri-pyoo-dee-a-tor-ee), repudiable (ri-pyoo-dee-a-bal), adj. Cf. REJECTION; RESCISSION.
total repudiation
See REPUDIATION.