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
lawyer at desk

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Alabama Code 7-2-610

  • Buyer: means a person who buys or contracts to buy goods. See Alabama Code 7-2-103
  • Contract: A legal written agreement that becomes binding when signed.
  • Seller: means a person who sells or contracts to sell goods. See Alabama Code 7-2-103
(b) Resort to any remedy for breach (Section 7-2-703 or Section buyer‘s security interest in rejected goods” class=”unlinked-ref” datatype=”S” sessionyear=”2020″ statecd=”AL” title=”7″>7-2-711), 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 article on the seller‘s right to identify goods to the contract notwithstanding breach or to salvage unfinished goods (Section 7-2-704).
  Previous section
Next section  
 Part 6 Contents