LAW 506-002 – Contracts II

Restatement Second of Contracts § 237


Effect on Other Party's Duties of a Failure to Render Performance

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Except as stated in [R2C § 240], it is a condition of each party's remaining duties to render performances to be exchanged under an exchange of promises that there be no uncured material failure by the other party to render any such performance due at an earlier time.