Question: On January 5 , 2 0 2 4 , a software company signs a contract to deliver a custom software application by July 1 5

On January

5, 2024,

a software company signs a contract to deliver a custom software application by July

15, 2024 .

On March

25, 2024,

the software company informs the buyer that it is reallocating their resources to another project and won

t be able to complete the software on time. Analyze this scenario by applying the rules of anticipatory repudiation of contract, adequate assurance of performance and substitute performance

(

cover

)

under the circumstances. What rights and damages

/

remedies would be available to the buyer?

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