Jane, a freelance graphic designer, enters into a contract with Acme Corp to deliver a complete branding package by September 1st. On August 15th, Jane informs Acme Corp that she will not be able to complete the project by the agreed deadline and is terminating the contract. What type of breach has Jane committed?
Jane's declaration of her inability to fulfill the contract before the performance date constitutes anticipatory repudiation. This occurs when one party clearly indicates they will not perform their contractual obligations ahead of the deadline, allowing the non-breaching party to seek remedies immediately.
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What is anticipatory repudiation?
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What remedies are available for anticipatory repudiation?
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How does anticipatory repudiation differ from a material breach?