-70- is no evidence that any negotiation whatsoever is permitted regarding the price of the remanufactured part. The customer must pay the stated or list price of the remanufactured part, even if Consolidated knows that the customer will not provide a core. We have found the following facts on the instant record: At the time a customer purchased a remanufactured automobile part from Consolidated, (1) that customer became obligated to pay Consolidated the remanufactured automobile part sales price which consisted of the exchange amount and the core amount and which, along with the exchange amount and the core amount, Consolidated reflected on the remanufactured automobile part sales invoice that it generated for that sale and (2) Consoli- dated offered to purchase from that customer a customer core corresponding to that part for the customer core purchase offer amount. There was no obligation on the part of that customer to deliver a customer core to Consolidated as part of that sale. The remanufactured automobile part sales price, the customer core purchase offer amount, and the core credit amount were determined on the basis of market-related factors, including supply and demand. Consolidated accounted for each remanufactured automobile part that it sold to a customer by making entries increasing (1) "sales (exchange amount)" by the exchange amount that was part of the remanufactured automobile part sales price for each such part, (2) "sales (core amount)" by the core amount that was part of that price for each such part, and (3) "customer account receivable" by that price for each such part. If aPage: Previous 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 Next
Last modified: May 25, 2011