Which of the following statements is true of the Convention on Contracts for the International Sale of Goods (CISG) ?
A) Parties to a contract can choose to adhere to all or part of the CISG, or they may select other laws to govern their transactions.
B) Traditional contracts on sale of goods are not covered by the CISG.
C) The CISG is superseded by the Uniform Commercial Code (UCC) in most states.
D) The CISG requires a written contract for a sale of goods of $500 or more.
Correct Answer:
Verified
Q90: An estimated of all international trade is
Q91: Under the UCC, a sales contract of
Q92: The National Conference of Commissioners issued the
Q93: Under the CISG, a sales contract of
Q94: An oral sales contract of any amount
Q96: Under the UCC, a contract is formed
Q97: How has the shift toward market-oriented economies
Q98: The United Nations Commission on International Trade
Q99: The drafted the Convention on Contracts for
Q100: The Uniform Electronic Transcription Act (UETA) has
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents