Detailed Answer
(c) Pickens has committed an anticipatory breach of
contract. Thus, Crocket, as the aggrieved party, has different
options. Crocket may treat it as a present breach of contract with
the remedies available for breach of contract. One of these remedies
is that the aggrieved party (Crocket) may cancel the contract.
Another option is that Crocket may wait for a reasonable
time to see if Pickens will change his/her mind and still deliver.