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I have a question regarding concessions in section 8.3. The company that I am working for uses a product no-waiver policy. If the company produces a grade that is off-spec, they re-grade it as a non-prime material and sell it at a reduced price. This re-graded material may or may not be sold to the customer who originally ordered the prime material.
My question is, if the original customer buys the re-graded material, would this be considered a concession, or can they use the argument that the material has been re-graded with a different set of specifications and sold as the re-graded material, not as the prime material.
The reason I am asking is to determine what sort of record keeping will have to be done. Should all re-graded material be documented as a concession or not.
Thanks for your help!
My question is, if the original customer buys the re-graded material, would this be considered a concession, or can they use the argument that the material has been re-graded with a different set of specifications and sold as the re-graded material, not as the prime material.
The reason I am asking is to determine what sort of record keeping will have to be done. Should all re-graded material be documented as a concession or not.
Thanks for your help!