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Anticipatory vs fundamental breach

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Anticipatory vs fundamental breach

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by MikeLittle.
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  • April 13, 2019 at 9:53 pm #512303
    rashib
    Member
    • Topics: 3
    • Replies: 3
    • ☆

    If a buyer tells the seller that they will not pay for the goods and the delivery of goods is scheduled at a later date as per contract. Is this an anticipatory or fundamental breach?

    This is one question from bpp revision text. Though the explataion is provided O didn’t really get it. In one line it says its anticipatory and in the other it says its fundamental.

    April 14, 2019 at 6:04 am #512327
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    I would have said that this was anticipatory – it’s the notification of breach in advance of the due date for performance

    OK?

    April 15, 2019 at 9:05 am #512711
    rashib
    Member
    • Topics: 3
    • Replies: 3
    • ☆

    Today was my exam, passed with 79%..
    Thanks a lot Mike for your guidance and support. Really appreciate it.

    April 15, 2019 at 9:40 am #512727
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    That’s great news Rashi – well done

    And a good score too 🙂

    Onwards and upwards (and tell all your friends about OpenTuition!)

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