The Legal Environment of Business: Text and Cases (MindTap Course List)
The Legal Environment of Business: Text and Cases (MindTap Course List)
10th Edition
ISBN: 9781305967304
Author: Frank B. Cross, Roger LeRoy Miller
Publisher: Cengage Learning
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Chapter 11, Problem 4BCP
Summary Introduction

Case summary: Low Enriched Uranium (LEU) is used by nuclear power plants as fuel. The utility plants have options to either purchase LEU from the enricher or, provide the same to the enrichers and bear the cost of its processing. However, if the feed uranium is brought back to the plant, it may not be of the same quality as provided because of the fungible tendency of LEU. Few foreign enrichers exported LEU to the U.S. for a value less than the fair value.

To find: Foreign enrichers were involved in dumping when they exported LEU in the U.S. for a value less than the fair value.

Summary Introduction

Case summary: The nuclear power plants use low Enriched Uranium (LEU) as a fuel. The utility plants have options to either purchase LEU from the enricher, or provide the same to the enrichers and bear the cost of its processing. However, if the feed uranium is brought back to the plant, it may not be of the same quality as provided because of the fungible tendency of LEU. Few foreign enrichers exported LEU to the US for a value less than the fair value.

To find: The action could be taken to prevent dumping.

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