Abstract
The nature of fresh fruit and vegetable marketing is such that over the years trade practices and special types of businesses have evolved to support the system. These include private firms that supply fresh fruit and vegetable marketers with information on the products and services and on the financial worth and business character of companies with which they do business. Legislation and government regulations designed specifically for this industry have also been developed to prevent unfair trade practices, arbitrate disputes, and punish offenders. Procedures to protect sellers against bad debts in the event that buyers delay or default on payment are also provided. Marketers must still be aware of the special challenges they face in buying and selling produce and take precautions to deal with them.
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References
U.S. Department of Agriculture, Agricultural Marketing Service, 1983. The Perishable Agricultural Commodities Act: Fair Trading in the Fruit and Vegetable Industry. Agricultural Marketing Service, Program Aid No. 804.
— Economic Research Service, 1989. Food Marketing Review, 1988. Agricultural Economic Report No. 614.
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© 1991 Springer Science+Business Media New York
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How, R.B. (1991). Trade Practices, Credit Ratings, and Regulation of Trading (Perishable Agricultural Commodities Act). In: Marketing Fresh Fruits and Vegetables. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-2031-3_9
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DOI: https://doi.org/10.1007/978-1-4615-2031-3_9
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4613-5841-1
Online ISBN: 978-1-4615-2031-3
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