Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

b) Roger buys raw red bell peppers (Rogers Raging Peppers, Inc.), processes them and sells them to retailers like Wal-Mart and Target. Roger had existing

b) "Roger buys raw red bell peppers ("Rogers Raging Peppers, Inc."), processes them and sells them to retailers like Wal-Mart and Target. Roger had existing contracts with Oregon retailers to provide 1,000,000 pounds ofprocessedpeppers. Fred the Farmer agreed to sell Roger 1,000,000 pounds ofunprocessed peppers at $.30 per pound, with delivery from September through November 2010.

Fred and Roger signed a written contract outlining the above.

To fulfill his contract with Roger, Fred purchased pepper seeds through the seed store, "Peppers Plus." He spoke with a Peppers Plus employee and explained that he needed to grow 1,000,000 pounds of peppers for an Oregon pepper processor.

Ultimately, Fred purchased the "Sweet Pepper Patty" variety because, in the words of the Peppers Plus employee who assisted him, "it is the sweetest pepper you have ever eaten--hands down." One week after Fred planted the seeds, Peppers Plus sent an invoice that contained a disclaimer of "all warranties, including any implied warranties." The disclaimer was in small writing in the far lower left-hand corner of the invoice.

Fred began timely delivery of the peppers. In October, Roger asked Fred to stop delivering peppers because of a scheduling problem on the processing line. Roger explained that such delays were "standard in the industry.: Fred, a farmer for 25 years, had never heard of this standard. Roger told Fred he did not know how long the delay would last and he should do whatever he needed to get rid of his peppers. Fred did not pick any peppers during the delay and the undelivered peppers remained in storage bins and began to rot (gross).

Ten days later, Roger told Fred that he could start delivering peppers again.

Roger asked Fred if he was going to be able to fulfill the contract, and Fred said "yes." At the end of November, Fred had only delivered 700,000 pounds of peppers to Roger. The retailers that received the 700,000 pounds of peppers returned them to Roger because they smelled and were sour.

To meet his contractual obligations to these retailers, Roger purchased replacement peppers on the open market at a pricemuch higherthan $.30 per pound.

Applying the Uniform Commercial Code, discuss and analyze any issues you see (and maybe sketch some things out before writing/typing).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Business Law And Its Environment

Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge, Beverley Earle

8th Edition

0538473614, 978-0538473613

More Books

Students also viewed these Law questions

Question

What is blood plasma, and what is its function?

Answered: 1 week ago

Question

Here are sketches of four electron orbitals: A B C 0 0 D

Answered: 1 week ago

Question

2. The purpose of the acquisition of the information.

Answered: 1 week ago

Question

1. What is the meaning of the information we are collecting?

Answered: 1 week ago

Question

3. How much information do we need to collect?

Answered: 1 week ago