NCJ Number
93150
Editor(s)
R C Gordon
Date Published
1982
Length
383 pages
Annotation
Papers discuss the practices that grain and feed merchants can apply to their trading situations to avoid disputes, and 60 of the most important arbitration decisions in this field in the past 7 years reveal some of the more common trade disputes that have arisen.
Abstract
A number of presentations discuss the various procedures involved in making and successfully completing a trade, including contract compliance and contract-term pitfalls, trading practices that avoid disputes, billing instructions that ensure contract performance, ways to improve settlement procedures, transportation changes affecting grain merchants, and avoidance of foreign substances or quality problems. Another section of papers is devoted to what to do if a trade dispute arises and cannot be resolved by the parties directly involved. This includes an examination of the arbitration system of the National Grain and Feed Association. The actual arbitration decisions reviewed cover such diverse topics as contract terms, grades and inspection, billing instructions (weights, settlements, underfills, and overfills), broker trades, string trades, trade practices, confirmations, and transportation. The arbitration decisions are fully indexed and cross-referenced by subject matter, type of trade involved, and case number. For the paper on arbitration as an alternative mechanism for resolving trade disputes, see NCJ 93151.