PACA can be a complicated but critical tool for produce companies. How well do you know some of the fundamentals, such as whether foreign suppliers are covered? Here's part 3 of our quiz series.
The daily rush of buying, selling, and servicing customers probably leaves little time for brushing up on the industry trading rules you’ve learned over the years. Here’s Part 2 on acceptance and rejection.
The daily rush of buying, selling, and servicing customers—not to mention running your business—probably leaves little time for brushing up on the industry trading rules you’ve learned over the years.
PACA has, over many decades, helped shape the guidelines, customary practices, and rules that govern produce transactions between vendors.
The Problem: Inspection of blueberries taken four days after arrival. What now?
The scope of the PACA is limited. The Act does not give the USDA jurisdiction over transportation firms. But it can still help in these disputes.
What constitutes a “slight deviation” will vary, but Blue Book’s Transportation Guidelines provide a rule of thumb.
Can I withhold payment on an unrelated invoice to recoup losses on a shipment?
You should see in this case that for delivered sales, untimely delivery may be grounds for rejection.
What if the seller, after receiving notice, wants to take the product back and the buyer wants to accommodate the seller’s request?