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trading tip
Interpreting Inspection Certificates (as it relates to damages)
Inspection certificates are pivotal in vendor-to-vendor disputes. PACA precedent provides that establishing a breach of the seller’s warranty of suitable...
Trading Tip: Assessing Damages
Following a breach of contract the injured party is entitled to be made whole. This is the guiding principle when...
Trading Tip – Damages & Amount Due
The produce industry has its fair share of terms with more than one meaning. A produce “broker,” more often than...
Trading Tip: Interpreting USDA Inspection Certificates
The words, “Fails to grade U.S. #1 account condition,” on a USDA inspection certificate sound awfully conclusive. And, in fact,...
Merchantability – The Other Warranty
The warranty of merchantability usually finds itself in the shadow of the warranty of suitable shipping condition (i.e., the warranty...
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