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Lost volume seller is a legal term in the law of contracts. Such a seller is a special case in contract law.Ordinarily, a seller whose buyer breaches a contract and refuses to purchase the goods can recover from the breaching buyer only the difference between the contract price and the price for which the seller ultimately sells the goods to another buyer (plus, under some circumstances ...
Diminution in value is a legal term of art used when calculating damages in a legal dispute, and describes a measure of value lost due to a circumstance or set of circumstances that caused the loss. Specifically, it measures the value of something before and after the causative act or omission creating the lost value in order to calculate ...
In integrated pest management, the economic threshold is the density of a pest at which a control treatment will provide an economic return. [1]An economic Injuryis the insect's population level or extent of crop damage at which the value of the crop destroyed exceeds the cost of controlling the pest. [2]
In climate engineering, the residue-to-product ratio (RPR) is used to calculate how much unused crop residue might be left after harvesting a particular crop. Also called the residue yield or straw/grain ratio, the equation takes the mass of residue divided by the mass of crop produced, and the result is dimensionless.
Liquidated damages, also referred to as liquidated and ascertained damages (LADs), [1] are damages whose amount the parties designate during the formation of a contract [2] for the injured party to collect as compensation upon a specific breach (e.g., late performance). [3] This is most applicable where the damages are intangible.
The issue that led to destroying the crops and Pendarvis’ arrest had to do with the size and location of the hemp the farmer was growing as a participant in the S.C. Department of Agriculture ...
For assistance, you can reach out to the Louisiana Department of Insurance by calling the office at 1-800-259-5300 or online to get help with your claim, ask a question about your policy, report ...
A fallen tree blocks an intersection on September 11, 2024 in Houma, Louisiana. Hurricane Francine has been upgraded to a Category 2 hurricane and continues to make landfall along the Louisiana coast.