What is PRODUCER’S RISK?

The risk of losing from (1) the rejection of a batch of goods that is of acceptable quality, or (2) the acceptance of a batch of goods that the customer rejects.

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Related Legal Terms
PRODUCER SURPLUS, PRODUCER PRICE INDEX (PPI), CONSUMER’S RISK, PRODUCER, MARGINAL PRODUCER, RISK ASSESSMENT, PRODUCER PRICE INDEX, PRODUCER PRICE INFLATION, EXTENDED PRODUCER RESPONSIBILITY, PRODUCER-PAYS PRINCIPLE


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