Question

After entering into a contract, a buyer becomes concerned that the other party may not be able to perform his contract obligations. The buyer demands assurance from the other party that the contract will be performed. What is the maximum time period that the buyer would have to wait before considering the other party has repudiated the contract?

A. 90 days

B. 10 days

C. 30 days

D. 365 days

Answer

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