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Wozniaks Apple Co. contracts to sell 100,000 bushels of apples to Trader Vics Grocery Store, Inc. at $5.00 per bushel. An unexpected fungus kills 90%

Wozniaks Apple Co. contracts to sell 100,000 bushels of apples to Trader Vics Grocery Store, Inc. at $5.00 per bushel. An unexpected fungus kills 90% of the years apple crop and the wholesale cost of apples rises to $50 per bushel. Explain in detail if Wozniaks Apple Co. is bound to perform the contract.

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