§490:2-610 Anticipatory repudiation. 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 490:2-703 or section 490:2-711), 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 490:2-704). [L 1965, c 208, §2-610; HRS §490:2-610]
Case Notes
Section applicable to some situations involving transactions in land. 2 H. App. 597, 637 P.2d 1147.
Section: Previous 490-2-603 490-2-604 490-2-605 490-2-606 490-2-607 490-2-608 490-2-609 490-2-610 490-2-611 490-2-612 490-2-613 490-2-614 490-2-615 490-2-616 490-2-701 NextLast modified: October 27, 2016