Pass the Bar Exam: Contracts - Anticipatory Repudiation

Suppose a gas company and a real estate developer entered a contract, which called for the gas company to provide gas to the developer’s latest housing project. Before the parties’ performance came due, the gas company sent the developer a letter stating unequivocally that it no longer intended to perform under the contract. We’ll assume that the common law applies, not the UCC. What are the developer’s right and remedies relative to the gas company?

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