What are the differences between actual breach and anticipatory breach of contract?
Actual breach means that they have failed to deliver or execute
their obligations. Anticipatory breach is when you realize that the
other party cannot comply with their obligations and you take steps
to protect yourself.
Breach of contract is where one party to a contract fails to abide by a contractual obligation. This occurs after the obligation to perform a certain act comes due. I.e., I give you $20 and you will give me your basketball by Friday. Friday comes and goes, and you didn't give me your basketball. Breach of contract. Anticipatory breach is where one party makes a clear, unequivocal statement to the effect that he will not…
An Interface is a contract that you can specify to be implemented by any class that is going to implement this interface. Interfaces do not have any actual code inside them. They only have method declarations whereas classes can contain actual code inside them. Also, all variables inside an interface are by default static, public and final whereas this is not the case with classes. These are the 2 differences between classes and interfaces
There are 3 different types of forward pricing: (1) Forward contracts (which include cash forward contracts, minimum price forward contracts and deferred pricing contracts) (2) Futures Contracts and (3) Option Contracts. A forward contract is an agreement between two parties to buy or sell an asset at an agreed future point in time. The trade date and delivery date are separated. A futures contract is a standardized forward contract that is traded on an exchange…
There are various differences between cheap and expensive car insurance. These range from the type of customer service you will receive for billing and claims to your actual coverage and deductibles. Then there is your vehicle, your location and your driving record to consider too which also affects the cost of your car insurance.