Final answer:
In the context of business and contract law, the enforceability of an agreement often depends on whether it meets certain requirements. To determine if the agreement between Food Service LLC and Great Desserts Inc. must be in writing, we need to consider the cost of the pumpkin pies. The specific threshold for requiring a written agreement can vary depending on the jurisdiction and circumstances.
Step-by-step explanation:
The question is related to business and contract law. In order for an agreement to be enforceable, it typically needs to meet certain requirements, such as being in writing. This is known as the Statute of Frauds, which varies depending on the jurisdiction. In the given scenario, Food Service LLC is agreeing to buy one hundred pumpkin pies from Great Desserts Inc. To determine if the agreement must be in writing, we need to consider the cost of the pies. If the pies cost at least a certain amount, then the agreement would need to be in writing. The exact amount required can vary depending on the jurisdiction and the specific circumstances. It is important to consult the applicable laws and regulations to determine the specific threshold. To give an example, let's say that the jurisdiction requires written agreements for purchases over $500. If each pumpkin pie costs $5, then the total cost would be $500 (100 pies x $5 per pie). In this case, the agreement would need to be in writing. However, if each pie costs $4, then the total cost would be $400, and the agreement may not need to be in writing.