Exam 10: Sales

According to the CISG, the rules of private international law would be the final source used for deciding legal questions governed by the convention.

A rejection becomes effective as soon as it is dispatched by an offeree.

How is "sales" defined in the CISG?

Under the CISG, the acceptance has to be returned via the same medium in which the original offer was sent.

The ________ comes into effect when a contract describes itself as being complete and final, preliminary or informal agreements made prior to or at the same time the contract was made will be ignored when interpreting it.

How are the general principles of the CISG interpreted when dealing with a dispute?

The remedy of sending out a notification by a party that he or she is canceling a contract and returning everything already received would constitute a(n) ________.

Compare between product liability in domestic law and the CISG.

In the case of a destination contract, the risk of loss passes to the buyer ________.

If a seller delivers early, ________.

A firm offer is an offer ________.

Unlike the U.S. Uniform Commercial Code and some other domestic sales laws, the CISG rules on risk of loss are not concerned with breach of contract. Which of the following contracts is an exception to this?

Which of the following is true of damages under the CISG?

According to the excuse of ________, a party may not rely on a failure of the other party to perform, to the extent that such failure was caused by the first party's act or omission.

A transaction involving which of the following types of goods is most likely to be governed by CISG?

Anticipatory avoidance cannot be claimed if the specific goods promised to the buyer are wrongfully sold to a third party.

A contract comes into existence when an offeree communicates his/her ________ to the offeror.

Under the CISG, the fixing by the buyer of an additional reasonable period of time in which the seller may perform is known as ________.

How is the place for delivery decided for contracts?

In an in-transit contract, the risk of loss passes to the buyer at the time the contract is concluded.