If a party reasonably believes that the other party may NOT

If a party reasonably believes that the other party may NOT perform, that party may demand in writing adequate assurance that the other party will:

accept less consideration for performance of the contract.

Solution

Answer: D

Explanation: The contract will bind the other party to perform accordingly and the breach of that written agreement would lead enforceable by law. Hence, the party will perform according to the contract.

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If a party reasonably believes that the other party may NOT perform, that party may demand in writing adequate assurance that the other party will: accept less

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