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PECL ῍ ῍ῌῑu PICCΐ.῏.ῐu¨<©¦§J "3 ªF 6 ¡¢£¤¥! «E ῌ 6 ῌ 1 ῎ῌῌ ῍῍῍῍῏st ῎ $%ῌ&'( ῏ῒ ῑ ῏ ¬®¯bI °±²ῌ¡¢+ K"³ ´µ¶ ¬®¯bI b6·῍῍U.C.C.῎῍ῒῌuI;¸ ,00 ¹º=»¼½ῒῐ2 ῎ 3 ῎῎ῌ῍ῐ῏ ῎ ῎ῑ῍῍῍ῑ ῎῍ῐ῏ ῍ΐῌ ῌ ! ῎῏ῒ῏ ῑῌ "# ῐ $% &'()*$+,-ῑ ./01῏῎2 ῎ 3 ῎῎ῌῌΐ῏ ῒ45 67῍ ῎ῐ῏ UCC 8 9$:;<ῌ => ῒ?@ A:BCDΐ ῎EFGῌ ῍ῐ῏ $HI;J῍ 4%ῌ UCC K<῎ῌῌ῏$LMNOJ6ῌ P UCC QRSTUVWXYZ[$\];ῌ Z^<LM 8_\;X῍ ῎ῑ῏ UCC ῎ ῌῒ῍ῌ. ῎ῒ῏ UCC ῎ ῌῒ῍ῌ, Official Comment ῍. ῎ΐ῏ UCC ῎ ῌῒ῍ῌ, Official Comment ῎. ῎῏ Ibid. ῎῏ UCC ῎ ῌῒ῍ῌ ῎a῏. ῎ῌ῏ UCC ῎ ῌῒ῍ῌ ῎b῏. ῎῍῏ UCC ῎ ῌῒ῍ῌ ῎c῏. ῎῎῏ JAMES J. WHITE AND ROBERT S. SUMMERS, UNIFORM COMMERCIAL CODE ῎ΐῐ ῎ ῒ th ed. ῎ῌ῍ῌ῏. `a[4bc^74defgW;<ῌ hiῌ j klmP ῎demanding῏ ;4Xn^opq ῎begging for῏ rY4st ^7Wuῌ v;Xwkxm$y;z^X{|(}~o7YrY4t 456*NOX῍ ῎῏῏ Ibid. ῎ῐ῏ UCC ῎ ῌῒῌ ῎ ῍ ῏. ῎ῑ῏ UCC ῎ ῌῒῌ ῎ ῍ ῏. ῎ῒ῏ UCC ῎ ῌῒῌ, Official Comment ῎. ῎ΐ῏ Ibid. ῎῏ UCC ῎ ῌῒῌ ῎ ῍ ῏. 4%ῌ $XY ῐῑ W<ῌ ;o [ῌ[ $]Oo^<4ῌ r4^7῍ 4ῌ ῐ6*]OJ ῒ4ΐ u<ῌ $+W$῍ J Whiῌ t67W6^W$<ῌ ¡Xstu ]ῌ ¢£$!¤¥&%¢rY4<¦NO4X^7§YWX Y¨©4ª^ῌ «¬<®^7῍ ;u;46]ῌ ¯°±^ῌ ²³ W^´]OXg6µ¶4;JW;oῌ ·¸uῌ 7 ©ª«¬®"E^N¯qR° q ±² ,01 !"#$%!"&' ()*+ ,-./'#0 1# 2,-. 34567'#789 2,-:;4< =.>? @A BCDE "FGHI*J56 ./K:'LMINO! PQ#R!"&' UCC ῎ ῌῒῌ, Official Comment ῐ. UCC ῎ ῌῒῌ ῐ . ῍ῌῌ Gregory S. Crespi, The Adequate Assurances Doctrine After U.C.C. ῎ ῌ ῒῌ : A Test of the Efficiency of the Common Law, ῏ Vill. L. Rev. ῍ΐ, ῍ῐ ῍῏. ῍ῌ῍ ῎ E. Allan Farnsworth, FARNSWORTH ON CONTRACTS ῑΐ῍ῌῑΐ῎ ῏ ed ed. ῎ῌῌῐ [hereinafter cited as Farnsworth Contracts]. STNO.UV1 #789 2W#:V8STXYSTZ[#78\]%9!# %1^_#78 McCloskey & Co. v. Minweld Steel Co., ῎῎ῌ F.῎d ῍ῌ῍ ῏ d Cir. ῍ῑῑ. " ῍ῌ῎ `aJbcdefg8STNOhi\ 8V1W#* +j8 Crespi, supra note ῍ῌῌ k:'lm.no78 pq Erstu STNOhi.v=W#STXYSTZ[w*U 'xyj8z.{)81 p| UCC }]%~Ystu g8 z*J "V1. W#/' 1 PQNO "V1#'1 T!". W#/'%81 #'|!" Crespi, supra note ῍ῌῌ, at ῍ῐ. ῍ῌ῏ bcdefgSTXYSTZ[w*Jj8J .19#78 Keith A. Rowley, A Brief History of Anticipatory Repudiation in American Contract Law, ῒ U. Cin. L. Rev. ῑῒῑ ῎ῌῌῌῌ῎ῌῌ῍ " ( .719#78 STXYSTZ[ w*¡J ¢£¤¥w῎ῌῌ῎¦ ῎ § ῎ῌῌ῎¦ ῏ΐ¨ ῍ῌῐ George I. Wallach, Anticipatory Repudiation and the UCC, ῍῏ Uniform Commercial Code Law Journal ῐ ῍ῌ. ῍ῌῑ Philpotts v. Evans, ῍῏ ῍ῑ῍ Eng. Rep. ῎ῌῌ Ex.Ch.. ῍ῌῒ Id. at ῎ῌ῍. ,02 ^_` abcdῒῐe ῎ f ῎῎ῌ῍ῐ῏ ῎῍ῌΐ῏ Id. at ῎ῌ῎. ῎῍ῌ῏ R.J. Robertson, Jr., The Right to Demand Adequate Assurance of Due Performance : Uniform Commercial Code Section , ῌ0*3 and Restatement ῎Second῏ of Contracts Section ,/+, ῏ Drake L. Rev. ῏ῌῑ, ῏ῌ ῎῍ῌ῍῏. ῎῍ῌ῏ Hochster v. De La Tour, ῎῍ῑ῏῏ ῍῍ Eng. Rep. ῎῎ ῎Q.B.῏. ῎῍῍ῌ῏ Robertson, supra note ῍ῌ, at ῏ῌ. ῎῍῍῍῏ Hochster, ῍῍ Eng. Rep. at ῎ῒ. ῎῍῍῎῏ Ibid. ῎῍῍῏῏ E. Hunter Taylor, Jr., The Impact of Article ῎ of the Doctrine of Anticipatory Repudiation, B.C. Indus. & Com. l. Rev. ῍ΐ at ῍ ῎῍ῒΐῌ῍ῒ῏; Alan G. Dowling, A Right to Adequate Assurance of Performance in All Transactions : U.C.C.ῒ , ῌ0*3 Beyond Sales of Goods, ῐ S. Cal. L. Rev. ῍῏ῑ at ῍῏ῒῌ ῎῍ΐῐῌ ῍ΐῑ῏. ῎῍῍ῐ῏ Frost v. Knight, ῎῍ΐ῎῏ L.R. ΐ Ex. ῍῍῍ ῎Ex.Ch.῏. ῎῍῍ῑ῏ Johnstone v. Milling, ῎῍ῒ῏ ῍ῒ Q.B.D. ῐῒῌ ῎C.A.῏. ῎῍῍ῒ῏ Roehm v. Horst, ῍ΐ U.S. ῍ ῎῍ῌῌ῏. ῎῍῍ΐ῏ Robertson, supra note ῍ῌ, at ῏ῌ. ῎῍῍῏ Dingley v. Oler, ῍῍ΐ U.S. ῐῌ ῎῍ῒ῏. ῌ Roehm v. Horst ῌ !" #$%&' (&῍ )ῌ *+$%,-ῌ Roehm v. Horst ./0$%&῍ ῎῍῍῏ Id. at ῐῒ. ῎῍῎ῌ῏ Id. at ῑῌ῍ῌῑῌ῎. ῎῍῎῍῏ Id. at ῑῌ῎. ῎῍῎῎῏ Dingley v. Oler 1'23456+$%!78ῌ 9:ῌ;< ῎ ῏ ῏ =>< ῎?῏ @'2+AB&῍ BCDῌ ῐEF GHIFJKLMNOPQRSῌ THUVNOPW S21XOYῌ Z8B1[&EFO\] ῑῌ X῍ ῎῍῎῏῏ Dowling, supra note ῍῍῏, at ῍῏ῑ. ῎῍῎ῐ῏ Robertson, supra note ῍ῌ, at ῏῍ῌ. ῎῍῎ῑ῏ Ibid. jM0X\+0 ,03 ῍῎ῒ Williston Hochster v. De La Tour !"# Samuel Williston, Repudiation of Contracts Part + , ῍ῐ Harv. L. Rev. ῏῍ΐ ῍ῌῌῌ῍ῌ῍; Samuel Williston, Repudiation of Contracts Part , , ῍ῐ Harv. L. Rev. ῐ῎῍ ῍ῌῌῌ῍ῌ῍. $ Williston %& H. W. Ballantine '( L. Vold )*%& +,- !./+0%& !"# 1 23$4 5' 0 Henry W. Ballantine, Anticipatory Breach and the Enforcement of Contractual Duties, ῎῎ Mich. L. Rev. ῏῎ ῍῎ῐῌ ῍῎ῐ; Lauriz Vold, Repudiation of Contracts, ῑ Neb. L. Bull. ῎ῒ ῍῎ῒῌ῍῎ΐ; Lauriz Vold, Withdrawal of Repudiation After Anticipatory Breach of Contract, ῑ Tex. L. Rev. ῍῎ῒῌ῍῎ΐ; Lauriz Vold, Anticipatory Repudiation of Contracts and Necessity of Election, ῎ῒ Mich. L. Rev. ῑῌ῎ ῍῎ΐῌ῍῎; Lauriz Vold, The Tort Aspect of Anticipatory Repudiation of Contracts, ῐ῍ Harv L. Rev. ῑῌ῎ ῍῎ΐῌ῍῎. ῍῎ΐ Robertson, supra note ῍ῌ, at ῏῍῎. ῍῎ See Larry T. Garvin, Adequate Assurance of Performance : of Risk, Duress, and Cognition, ῒ U. Colo. L. Rev. ΐ῍, ῑ ῍. ῍῎ USAῑῐ 6789:;)<0=> ῍ ?@AB+0=> CD.E!FG HIJKLMN O'HI!PQ 0JK RS=> CD.ETCD UV)0WL O'HIPQ!X/+0:Y!Q+0 +,- a Z[\+0]'^_`HI)Ja=> b HI)Z[bc Ja) Z[d)ef=> c gK).EhijklN=> ῎ mn USA ^opqMN rst uv6wxyz {o|q } ῍ῒ῏~ ῏῍῏RS! ῍῏ῌ USAῑΐ gK.Ehi JKHI!0 ?@AB+0=> HIgK).EhijkLM0T W.Ehi jk 0=> CD.E!FG JKLMN HIPQ! JK O'HI! in transitu +0$4)L0 + ,- JK HI)LM0dT0 L` O'HI ,1* ῒῐ ῎ ῎ῌ῍ῐ !"#$$"$%&'()* '(+ ῍῏῍ Larry, supra note ῍῎ΐ, at ΐ῎. ῍῏῎ Robertson, supra note ῍ῌΐ, at ῏῍῎. ῍῏῏ USAῒ῏ ,-./01 ῍ 2345$26 under a contract for sell or a sale 7'289 2:;<234#"2=>?$ ,-@A"B"CDEF 2G ,-./0HIJ ῎ 2345$26 ,- IKL'M89NO PQRS@A&T<UEF 2:;<V&#, -@A"B"CDEF ;W7'89X Y 5$;W34Z[\#<#$< ,-"0 HIJ& $] ^_`ab_c#T #de 34XfghijTklij #" " ijmn#"o pqrSs"tu$"&_` ῏ vw ῍῏ῐ Robertson, supra note῍ῌΐ, at ῏῍῎. ῍῏ῑ Mark W. Sargis, The Uniform Commercial Code Section , ῌ0*3 : A Return to Certainty, ῍ῐ J. Marshall L. Rev. ῍῍῏, at ῍῍ΐ n.῏῏ ῍ΐῌ. xy z{|{} ~ 34 :ij ῎ῌ῍῏ $
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