An optionor and optionee make a contract for an option on a commercial piece of property. If the optionee decides to exercise his option, when must he perform?

He must exercise his option under the terms of the option contract. Illumination: Options are generally concerned with only two things: time and price. He must exercise his option under the terms of the option contract

anticipatory breach of contract

as the name suggests, an anticipatory breach is a breach of contract before the time of performance. so, if a promisor denies to perform his promise and signifies his unwillingness before the time for performance, then it is an anticipatory breach of contract.

and

actual breach of contract

while an anticipatory breach is before the time of performance, an actual breach of contract is on the scheduled time of performance of the contract. an actual breach of contract can be committed either.

hope this . : )

answer: they get money for not letting the president go

explanation: