subject
Business, 25.11.2021 15:00 bri9263

Sun Maid Raisin Case: Sun Maid Raisin Growers signed a contract to buy 1,800 tons of raisins from Victor Packing Co. in California early in the year. Note, raisins come from dried grapes. Victor planned to supply the raisins by purchasing them in the market very late in the year in order to get a good price to meet their contract obligations to Sun Maid. Victor waited too long. Heavy, "disastrous" rains destroyed 50% of the crop, and the price of raisins skyrocketed from $860 per ton to $1,600 per ton. Victor felt they could not meet Sun Maid's contract price without sustaining "disastrous" losses, and it notified Sun Maid that it was repudiating the contract. When Sun Maid sued for damages for breach of contract, Victor Packing Co. claimed that it should be excused from its performance obligations under the doctrine of commercial impracticability. Answer these two questions:1) If you were the judge in this case: In forming your decision, you will need to assess whether the heavy rains and subsequent increase in market price of raisins were "foreseeable" events. How will you decide this question, and why? 2) How will you rule in this case? (that is, who wins and why? Defend your position completely taking into account its impact on both parties.)Number your responses (in separate paragraphs) to these questions.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:30
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
question
Business, 22.06.2019 13:10
You have recently been made a department head of the new regional office. in getting to know your departmental staff, you have noticed that one of your inexperienced employees is not following through on assigned tasks. she is enthused about her new job and wants to get ahead in the organization. which alternative represents the most effective leadership style: a. discuss the lack of follow-through with her and explore thealternative ways this problem can be solved. b. specify what she must do to complete the tasks but incorporate any suggestions she may have. c. define the steps necessary for her to complete the assigned tasks and monitor her performance frequently. d. let her know about the lack of follow-through and give hermore time to improve her performance.
Answers: 1
question
Business, 22.06.2019 20:30
What could cause a production possibilities curve to move down and to the left? a.) a nation loses land after being defeated in a war. b.) an increase in the use of computer technology speeds up production c.) a baby boom 20 years ago results in a large number of young adults in the population today. d.) thousands of investors from overseas invest money in a nations economy.
Answers: 1
question
Business, 23.06.2019 00:30
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 2
You know the right answer?
Sun Maid Raisin Case: Sun Maid Raisin Growers signed a contract to buy 1,800 tons of raisins from Vi...
Questions
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Physics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
History, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01