“The Basics of Memo Transactions - The Dos and Don’ts of Trading on Memo.” – Seminar topics include: Consignment agreements, UCC filings, protecting your business in an event of bankruptcy, the steps to take to check credit worthiness, monitor significant changes of debtors, and more.
Information presented in the seminar can be found in “The Essential Guide to ‘Memo’ Transactions,” co-produced by JVC and JBT. The Guide and seminar were developed to respond to industry concerns, especially now, about the consequences of sending goods on memo and provides jewelry firms with a step- by-step method to best position their businesses in cases of economic reversals. Seminar attendees will receive a copy of JVC-JBT Memo Guide.
Commented Cecilia L. Gardner, JVC’s president, CEO and general counsel: "In these tumultuous times, it is very important for industry members to protect their businesses from risk. The risk of trading on memo transactions is especially important right now. JVC welcomes the opportunity to speak to jewelers about how to best sell on memo.
"In 2009, JVC will continue to explain how to safeguard businesses from liabilities pertaining to the manufacture, sale and advertising of fine jewelry. Protecting your business when sending goods on memo is only one example of how JVC can help you to be legally compliant and avoid risk."
JVC offers Essential Guides on: irradiated gemstones , gold and silver – precious metals, color diamonds and “The Essential Guide to Advertising Law.”
JVC members pay low dues and receive thousands of dollars in FREE legal compliance information and products and deep discounts on JVC publications, including JVC’s Green PACK (USA PATRIOT Act Compliance Kit), the industry standard to develop an effective anti-money laundering program.
Jewelers Vigilance Committee
Does Not Provide Any Form Of Legal Advice.
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