In January, All Seasons, Inc. ordered $4,000 of fireworks from Kaboom Ltd. with delivery to be on or before June 1. On April 15, Kaboom notifies All Seasons that it will not be able to perform the contract as agreed. How will the law characterize Kaboom's actions? Does All Seasons have to wait until June 1 before buying fireworks from another supplier?
What will be an ideal response?
Kaboom's actions amount to an anticipatory breach. It has clearly indicated it does not intend to perform the contract. All Seasons does not need to wait until June 1 before buying the supplies from another source. Kaboom is responsible for the breach just as if it had breached on June 1.
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Indicate whether the statement is true or false
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