Read the case Hochster v. De La Tour
1. Was Hochster required to file an action for breach of contract immediately upon being notified that De La Tour was repudiating?
2. What reasons support the nonbreaching party's right to institute an action immediately when there is an anticipatory breach?
3. How long does the breaching party have to retract an anticipated breach?
4. Is it ethical for the injured party to bring suit immediately? Explain.
5. What policy reasons support an injured party's right to bring suit immediately upon an anticipatory repudiation? Explain.