A contracts with B to deliver goods to B on 1st July. A does not deliver goods on 1st July. B may rescind the contract. The contract is rescinded due to (i) mutual decision. (iii)...

A contracts with B to deliver goods to B on 1st July. A does not deliver goods on 1st July. B may rescind the contract. The contract is rescinded due to

(i) mutual decision. (iii) impossibility of performance.

(ii) A’s failure to perform. (iv) revocation of proposal.