Anticipatory repudiation.

Miss. Code Ann. § 75-2-610
in effect
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When either party repudiates the contract with respect to a performance not yet due the loss of which will substantially impair the value of the contract to the other, the aggrieved party may for a commercially reasonable time await performance by the repudiating party; or resort to any remedy for breach (Section 2-703 or Section 2-711) [Sections 75-2-703 or 75-2-711], even though he has notified the repudiating party that he would await the latter’s performance and has urged retraction; and in either case suspend his own performance or proceed in accordance with the provisions of this chapter on the seller’s right to identify goods to the contract notwithstanding breach or to salvage unfinished goods (Section 2-704) [Section 75-2-704].
Miss. Code Ann. § 75-2-610 — Anticipatory repudiation | Mississippi Code Annotated | Corpus