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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 ...
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.
This claim will account for the newly found damage or extra costs. The insurance company may either send an adjuster to review the new damage or ask you to document it yourself with photos and videos.
A hemp farmer has filed a federal lawsuit against the South Carolina Law Enforcement Division, the South Carolina Department of Agriculture and the South Carolina Attorney General’s Office ...
Catastrophic crop insurance (CAT) is a component of the U.S. federal crop insurance program, originally authorized by the Federal Crop Insurance Reform Act of 1994 (P.L. 103- 354). [1] CAT coverage compensates farmers for crop yield losses exceeding 50% of their average historical yield at a payment rate of 55% of the projected season average ...
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New Orleans was already important for shipping agricultural goods to and from the areas of the United States west of the Appalachian Mountains. Pinckney's Treaty, signed with Spain on October 27, 1795, gave American merchants "right of deposit" in New Orleans, granting them use of the port to store goods for export. The treaty also recognized ...