Dee's Caterers Contracted with Glen Allen Peanut Farms for the Purchase

question 51

Essay

Dee's Caterers contracted with Glen Allen Peanut Farms for the purchase of a one year's supply of peanuts for Dee's business.The price was $1.21 per pound.The Glen Allen Peanut Farms was hit by a frost that damaged most of its crops and left what remained with an odd taste.Because other peanut farms also fell victim to the frost,the price of peanuts rose to $3.37 per pound.Dee's demanded delivery.Glen Allen said it would cost too much to perform.Must Glen Allen perform? What damages would Dee's have?

---

Definitions:

Focused Strategy

A business approach that targets a particular market niche or demographic with tailored products or services.

Customer Niche

A focused, targetable portion of a market by which specific products or services are marketed to meet the unique demands of its audience.

Broader Market

Refers to a wide and diverse range of buyers and sellers in an extensive market beyond niche or specific industry segments.

Dollar General

A chain of variety stores in the United States known for selling items at low costs, often in rural and suburban areas.