Rodeo,S.A. ,which is based in Spain,enters into a contract for the sale of seven hydraulic lifts to Tonnage Shipping Company,which is based in the United States.This contract is governed by
A)Spanish law.
B)the provisions in the laws of both countries that are similar.
C)the Uniform Commercial Code.
D)the United Nations Convention on Contracts for the International Sale of Goods.

Question

Quizplus · Accepted Answer

The United Nations Convention on Contracts for the International Sale of Goods (CISG) is a treaty that provides a uniform set of rules for international commercial contracts between parties from different countries. It is designed to promote international trade by eliminating legal barriers and reducing transaction costs. Spain and the United States are both signatories of the CISG, so this international treaty would govern the sale of the hydraulic lifts between Rodeo, S.A. and Tonnage Shipping Company.

Rodeo,SA ,Which