L5M3 practice question 6 of 25

If a party is to 'repudiate' a contract, what does this mean?

Answer options

A: the party is cancelling the contract as it is no longer needed

B: the party is using the break-clause to end the contract

C: the party indicates they no longer intend to fulfil their contractual obligations, usually in response to a breach Correct answer

D: the party gives notice that they anticipate that they will not be able to fulfil their future obligations

Correct Answer:

C. the party indicates they no longer intend to fulfil their contractual obligations, usually in response to a breach

Explanation

"the party indicates they no longer intend to fulfil their contractual obligations, usually in response to a breach". This is the definition of 'repudiate' given on p. 128 Before the exam check you understand the difference between repudiate, rescind and revoke. These are all ways contracts can end but are slightly different.

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