RULE 1Cotton Sales Contract • November 30th, 2021
Clause 1. A contract for the sale of cotton shall be deemed final when the price, quantity, quality, time and place(s), of delivery and terms of sale have been agreed upon between the Buyer and Seller and no contract can be rescinded without the mutual consent of both parties thereto and unless otherwise provided for at the time of sale, merchantable cotton shall be guaranteed by the Seller.
