A textile mill in Bangladesh bought a large quantity of cotton from a broker in Tennessee. The

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A textile mill in Bangladesh bought a large quantity of cotton from a broker in Tennessee. The contract stated that any problems with quality had to be resolved by arbitration at the Liverpool Cotton Association in England.
Complaints had to be filed within two months, or the matter would not be heard. The buyer did not realize that the cotton was lower quality than paid for until six months had passed. Could it then sue under the CISG in federal court in Tennessee? [Quasem Group, Ltd. v. W.D. Mask Cotton, 967 F. Supp. 288, W.D. Tenn. (1997)]

Broker
A broker is someone or something that acts as an intermediary third party, managing transactions between two other entities. A broker is a person or company authorized to buy and sell stocks or other investments. They are the ones responsible for...
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The Legal Environment of Business

ISBN: 978-0538473996

11th Edition

Authors: Roger E Meiners, Al H. Ringleb, Frances L. Edwards

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