Question: 1. List the steps a party can take when it is insecure about the other party's performance of a contract. 2. Explain the obligations of

1. List the steps a party can take when it is insecure about the other party's performance of a contract.

2. Explain the obligations of a buyer and seller in a sales contract.

3. Explain the excuses that exist for nonperformance by one party.

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