Commercial Value [Agricultural Marketing Service] Law and Legal Definition

According to 7 CFR 48.2 [Title 7-Agriculture; Subtitle B-Regulations of The Department of Agriculture; Chapter I-Agricultural Marketing Service H1 (Standards, Inspections, Marketing Practices), Department Of Agriculture; Subchapter B - Marketing of Perishable Agricultural Commodities ; Part 48-Regulations of the Secretary of Agriculture for the Enforcement of the Produce Agency Act; Definitions] Commercial value means “any value that the produce may have for any purpose that can be ascertained in the exercise of due diligence by the consignee without unreasonable expense on loss of time.”