TIP Tech contracts with Plastics R Us to purchase $1$ million molded plastic cases for its battery packaging. Before TIP Tech has made any payments, Plastics R Us tells Tip Tech it is unable to fulfill the order. TIP Tech finds a replacement vendor, Perfect Plastics.

$$ Plastics R Us later ships the $1$ million cases to TIP Tech. TIP Tech would prefer to purchase the cases from Perfect Plastics. Will TIP Tech be bound by its contract with Plastics R Us$?$

Yes, TIP Tech is bound by its original agreement until it fully performs its duties.

No$,$ Plastics R Us engaged in anticipatory repudiation, thereby discharging TIP Tech from the contract.

Yes, regardless of what it said, Plastics R Us complied with its contractual duties and TIP Tech must do the same.

No$,$ because it hasn$$t yet paid Plastics R Us$,$ TIP Tech can get out of that contract for a better deal with Perfect Plastics.