Joe and Sue enter into a contract in March, where Joe will make 200 hand-beaded Christmas tree skirts for Sue's shop. He agrees to deliver the skirts by 1 Oct. In early June, Sue hears that Joe has gone out of business and closed up his shop, letting his employees go.
She tries to call the work phone and his cell phone, but both are no longer service. Sue is now sure Joe will not fulfill his contract obligation.
This is called ____________.
What can Sue do at this point, considering that Joe did have up to the first of October to complete his end of the contractual bargain?