Asked by Ashley Tyler on Jul 26, 2024
Verified
Which of the following statements about the CISG's rules on revocation is false?
A) The CISG states that an offer cannot be revoked if the offer states that it is irrevocable.
B) The CISG requires offers to have consideration to make them irrevocable.
C) The CISG allows an offer that says it is irrevocable to be revoked if the revocation reaches the offeree before or at the same time as the offer.
D) The CISG does not require offers to be in writing to be irrevocable.
CISG
The United Nations Convention on Contracts for the International Sale of Goods, a set of rules governing the buying and selling of goods across international borders.
Irrevocable
Not able to be changed, reversed, or recovered; final and unalterable.
Revocation
The act of cancelling or withdrawing something, such as an offer, license, or privilege.
- Outline the specific conditions under which revocation of an offer is allowable or prohibited for an offeror.
Verified Answer
MG
Matthew GaudetteJul 26, 2024
Final Answer :
B
Explanation :
Several of the kinds of factors that make offers irrevocable in the United States-such as consideration and,in the case of firm offers,writing-are not required to make offers irrevocable under the CISG.The CISG states that an offer cannot be revoked if it indicates that it is irrevocable or if it was reasonable for the offeree to rely on the offer as being irrevocable and the offeree has acted in reliance on the offer.However,even when an offer is irrevocable,the CISG allows it to be revoked if the revocation reaches the offeree before or at the same time as the offer.
Learning Objectives
- Outline the specific conditions under which revocation of an offer is allowable or prohibited for an offeror.