Business law

Reflective Prompt ABC Clothiers, Inc. has a contract with Taylor & Sons, a retailer, to deliver one thousand (1,000) summers suits to Taylors place of business on or before May 1. On April 1, Taylor receives a letter from ABC informing him that ABC will not be able to make the delivery as scheduled, but could make the delivery a month later, on June 1. Taylor is very upset, as he had planned a big ad campaign, half the summer will be over by June 1 and wants to sue ABC right away. Assume that Taylor & Sons can either file immediately or wait until ABC fails to deliver the goods on May 1. What course of action is better under the circumstances?

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