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for an engine core with a hole in it was equal to 50 percent of
the core amount which was separately stated on the remanufactured
automobile part sales invoice as part of the remanufactured
automobile part sales price for a corresponding remanufactured
automobile engine. The customer core purchase offer amount for
each customer core was set at an amount that the marketplace in
which Consolidated acquired customer cores demanded.
At no time were Consolidated's customers under any
obligation to accept Consolidated's offer to purchase customer
cores from them or otherwise to provide such cores to
Consolidated. However, most of those customers did decide to
accept Consolidated's offer and provided it with customer cores.
In the event that a customer of Consolidated decided to accept
Consolidated's offer to purchase a customer core and that
customer met Consolidated's requirements for acceptance of a
customer core, instead of that customer's receiving a check or
cash from Consolidated in the customer core purchase offer amount
for that customer core, that customer became entitled to a credit
by Consolidated in that amount (core credit amount) against the
amount which was due from that customer (viz, the remanufactured
automobile part sales price) for such customer's purchase of a
remanufactured automobile part from Consolidated and which was
reflected in Consolidated's books as an account receivable from
that customer. (We shall refer to such an account receivable in
Consolidated's books as the customer account receivable.) Like
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