Asked by Martin Sanchez on Jul 20, 2024
Verified
An international contract between two merchants is the subject of a dispute between the two companies,Universal Exports and Global Industries.The Universal offer specifies delivery by January 15,while the Global acceptance specifies delivery by July 15.Discuss how the CISG will resolve this dispute.
CISG
The United Nations Convention on Contracts for the International Sale of Goods, a treaty that provides a uniform set of rules for the international sale of goods.
International Contract
An agreement enforced across national borders, involving parties from different countries.
Merchants
Individuals or businesses involved in the trade of goods, services, or commodities for profit.
- Identify overarching ethical norms and how they are applied in comprehending processes involving humans or nature.
Verified Answer
KM
khongorzul munkhbaatarJul 22, 2024
Final Answer :
The CISG applies only to sale-of-goods contracts,and while the CISG has modified the traditional mirror image rule to overcome problems caused by the battle of the forms,it still does apply the mirror image rule to the acceptance of a contractual offer.Moreover,the CISG-unlike the UCC-has no provision or requirement that requires a contract for the sale of goods valued at over $500 to be in writing to be enforceable.
Learning Objectives
- Identify overarching ethical norms and how they are applied in comprehending processes involving humans or nature.