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5.Dee's Caterers contracted with Glen Allen Peanut Farms for the purchase of a one year's supply of pea-nuts 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 deliv-ery. Glen Allen said it would cost too much to perform. Must Glen Allen perform? What damages would Dee's have?NAT: AACSB: Analytic | AACSB: Reflective ThinkingTOP:damages6.Make a list of the types of information about a house that would be material and would affect a buyer's decision. Rely on materials presented in the chapter.NAT: AACSB: Analytic | AACSB: Reflective ThinkingTOP:material information7.Explain the purpose of a force majeure clause.NAT: AACSB: AnalyticTOP:force majeure8.In the movie It Could Happen To You, a police officer (played by Nicholas Cage) does not have enough cash to leave a tip for a coffee shop server (Bridget Fonda). Cage promises to split a lottery ticket with her if he wins. The lottery ticket turns out to be a multi-million-dollar winner. Discuss the rights of the police officer and the coffee shop server.NAT: AACSB: Analytic | AACSB: Reflective ThinkingTOP:performance