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24. If the buyer sues the seller for breach of contract, the buyer will probably
The buyer unequivocally repudiated the contract on August 1. On August 15, the seller urged the buyer to change her mind and proceed with the scheduled closing on December 1. On October 1, having heard nothing further from the buyer, the seller sold and conveyed his ranch to a rancher without notice to the buyer. On December 1, the buyer attempted to close under the June 1 contract by tendering the full purchase price to the seller. The seller rejected the tender.
On June 1, a seller and a buyer contracted in writing for the sale and purchase of the seller's cattle ranch (a large single tract) and to close the transaction on December 1.
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A is incorrect. The seller did not have to give notice in order for his reliance to preclude retraction of the repudiation.
B is incorrect. The seller's efforts to preserve the contractual relationship cannot be construed as waiving any right the seller had to pursue remedies for breach of contract.
D is incorrect. The seller is not obligated to convey the ranch to the buyer if the buyer has repudiated the contract and the time for retracting the repudiation has passed.