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delivered customer cores to it. In the case of Four Star label
remanufactured engines, the request for core credit preprinted
form consisted of the foregoing three copies and a fourth copy
for the person, usually a jobber, who purchased such an engine
from Consolidated's customer.
Consolidated's customer core policy established a period of
time during which any of its customers who decided to provide it
with customer cores was required to deliver such cores (delivery
period). That period commenced on the date of the installation
of the remanufactured automobile part sold by Consolidated. The
delivery period varied depending on the type of customer core
from 30 days for Consolidated's Four Star label customer
crankshafts to 2 years for Consolidated's Ford customer small
automobile parts. Despite Consolidated's policy regarding the
delivery period, Consolidated accepted customer cores from its
customers after that period had expired, even if those cores were
determined not to be in rebuildable condition, and credited each
customer account receivable with the core credit amounts.
Consolidated followed this practice regardless whether the
customer cores provided by its customers after the delivery
period had become overstocked or obsolete due to the passage of
time or whether the core amounts that were part of the
remanufactured automobile parts sales prices that those customers
were charged had changed.
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