B: You said you had two problems to clarity with us. What's next do?
A: We also concluded a transaction of mung beans as the second lot. The goods should have reached us last June. The shipping date has been delayed several times. As far as I know. this shipment has not been effected. Now the marked price for mung beans has fallen sharply and our buyer has changed his mind. He doesn't want the consignment.
B: Well. Mr. King. First. l'd like a point out that shortage you allege is not a real shortage ,The loss you sustained could only be the loss resulting from empty space. I think you still remember that more or less allowance stipulated in the contract could be as much as 5% . So in fact we're only 5 tons short. As for the second
delay.l'd like you to recall what you have done about the L /C establishment. We urged you several times to open the L:C. but you simply ignored us. We had no other choice but to sell the beans at a much lower price. We'll have to ask you to pay for our amages.
A:But we've had the UC opened at last.
B:Indeed you have. but the UC you opened has gone far beyond the accepted time. It is now invalid. To effect the delivery is out of the question. You've breached the contract and all subsequentactions will be invalid.
A:Our dishonoring this contract and your shortage in quantity cancel each other. Don't they ?
B:lt's ridiculous to mix up these two cases. lf you are not sincere in handling these problems.we'll have to submit them for arbitration.
B：的确是开了，但问题是贵方早已过了规定的开证日期，已经失效了。发货是不可 能的了?你们首先违约，以后所有的行为均无效 。
A:lf you insist.l've no other way out.