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Has anyone backed out on a grain contract??
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Posted 6/14/2007 01:56 (#162194 - in reply to #162191)
Subject: RE: Audit trail


I would guess that the state regulators are a big reason behind the insistence on contracts being signed. With the market volatility and fluctuations that we are experiencing I would suspect that we may see more elevator failures than normal and the regulators have to deal with the mess. Talk all you want about how your word is good and a handshake seals the deal, when push comes to shove it is the signed document that will rule the day. It's just plain 'good business' to have these types of things in writing!
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