Asked by Yolanda Lemmitt on May 14, 2024
Verified
The CISG applies only to sales of goods and commercial parties.
CISG
The United Nations Convention on Contracts for the International Sale of Goods, a set of rules governing the sale of goods between parties in different countries.
Commercial Parties
Entities involved in the exchange of goods or services within a commercial or business setting, typically companies or professionals.
- Absorb the fundamental theme that a contract acts as a legally enforceable promise or collection of promises.
Verified Answer
AK
Ashley KatrinaMay 20, 2024
Final Answer :
True
Explanation :
The United Nations Convention on Contracts for the International Sale of Goods (CISG)applies only to sales of goods,not services,and only to commercial parties,not consumers.
Learning Objectives
- Absorb the fundamental theme that a contract acts as a legally enforceable promise or collection of promises.