§ 1402.1 General
§ 1402.2 Sales of inventory
§ 1402.3 Submission of offers, terms, and conditions
§ 1402.4 Information availability
§ 1402.5 Late payments

Terms Used In 7 CFR Part 1402 - Policy for Certain Commodities Available for Sale

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.