Question

In January, All Seasons, Inc. ordered $4000 of fireworks from Kaboom Ltd. with delivery to be on or before June 1. On April 15, Kaboom notifies All Seasons that it will not be able to perform the contract as agreed. How will the law characterize Kaboom's actions?

Answer 1

Answer:

inability to perform the contract (a breach)

Explanation:

Seeing that Kaboom Ltd. won't be able to deliver what it had been asked according to the law it is legally a failure to fulfill any contractual obligation.  This is known as a "breach" of the contract.  What had been demanded is not going to arrive on time, what can be seen as something that does not perform in accordance with the terms of the agreement.