Homework # 1 1 . What is the code number for Strict Mid . IT . Spotted ?* 2 . What is the bale capacity for warehouse # 794510 ? 3 . What is the discount for over-age cotton per month for the 1 1 " thry the 16 th month ?" 4 . What was the acceptable MIC ( Micron ) range for deliverable cotton ? 5 . To whose attention do you send the confirmation for delayed certification of cotton ?" 6 . According to rule 5. 06 what is the range of deliverable bales ?! 7 . According to rule 5 . 1 1 who bears the expense at the time of damage ?" 8. What compression standard do bales have to meet to be delivered ? 9. According to rule 3. 02 what is the penalty for each non conforming delivery point ? 10 . The Memphis delivery point includes all areas within how many miles from the Memphis city limits ?* 1 1 . What is the penalty for frivolous claim ?" 12 . Who perform the classing of cotton samples for certification as deliverable against futures contracts ?' 13 . Are bales with sisal bagging deliverable ? 14 . What is the deliverable grade for No . 2 cotton ?" 15 . Is the cotton in Lea County New Mexico non - rain grown ? 16 . What is the exchange fee for transferring certificated cotton ?' 17 . What are the traditional trading months for the contract ? 18 . What date are warehouse tariff's allowed to be changed ? 19 . How many licensed warehouses were in New Orleans , LA ? 20 . What does Tare mean