Chapter 10
Sales
i.
True or False
1. The United Nations Convention on Contracts for the International Sale of
Goods (CISG) deals principally with the formation of contracts and with the
rights and obligations of buyers and sellers.
Answer: True
2. If the seller of goods knows that they were bought for personal, family,
or household use, then the sale can be governed by the United Nations
Convention on Contracts for the International Sale of Goods (CISG).
Answer:
False
3. The United Nations Convention on Contracts for the International
Sale of Goods (CISG) makes illegal contracts unenforceable.
Answer: False
4. Contracts governed by the United Nations Convention on Contracts for the
International Sale of Goods (CISG) have to be in writing to be enforceable.
Answer:
False
5. According to the
United Nations Convention on Contracts for the International Sale of Goods
(CISG), a contract is not formed until the offeree accepts the offeror’s offer.
Answer: True
6. According to the United Nations Convention on Contracts for the
International Sale of Goods (CISG), an offer becomes effective only after it
reaches the offeree.
Answer: True
7. According to the United Nations Convention on Contracts for the
International Sale of Goods (CISG), an offer that promises that it is
irrevocable can be withdrawn (nonetheless) prior to its reaching the
offeree.
Answer:
True
8.
According to the United Nations Convention on Contracts
for the International Sale of Goods (CISG), an offer is effective at the time
it is dispatched by the offeree.
Answer: False
9. A “fundamental breach,” according to the United Nations Convention on
Contracts for the International Sale of Goods (CISG), is when one party
substantially fails to deliver what the other reasonably anticipated receiving.
Answer:
True
10. According to the United Nations Convention on Contracts for the
International Sale of Goods (CISG), if one party elects to avoid a contract, he
cannot sue the other party for damages.
Answer: False
11. In common law countries, the remedy of specific performance is regarded
expansively. That is, it can include an order to carry out the contract as
agreed or an order to purchase substitute goods at the defaulting party’s
expense.
Answer: False
12. According to the United Nations Convention on Contracts for the
International Sale of Goods (CISG), any documents that the contract requires
the seller to turn over at a specific time may be turned over early.
Answer:
True
ii.
Multiple Choice
1. The United Nations Convention on
Contracts for the International Sale of Goods (CISG) regulates which of the
following questions relating to contracts?
a)
The competency of the parties.
b)
The formation of contracts.
c)
The legality of the contract.
d)
The liability of a party for death or personal injury.
Answer: b
2. A court may use
rules of private international law to interpret the United Nations Convention
on Contracts for the International Sale of Goods (CISG) if:
a)
the CISG itself does not
provide guidance for settling the matter.
b)
the matter cannot be
resolved by the application of a general principle derived from the CISG
itself.
c)
Both a. and b. must be
true.
d)
Either a. or b. must be
true.
Answer: c
3. According to the
United Nations Convention on Contracts for the International Sale of Goods
(CISG), differences in which of the following contractual terms would
constitute a “material difference” that would change an acceptance into a
counteroffer?
a)
Payment.
b)
Price.
c)
Quality of the goods.
d)
Any of the above.
Answer: d
4. Seller delivers goods to Buyer that have a defect
unknown to either of them. According to
the United Nations Convention on Contracts for the International Sale of Goods
(CISG), Seller will not be responsible for the defect if its discovery occurs
after more than:
a)
6 months.
b)
1 year.
c)
2 years.
d)
3 years.
Answer: c
5. X agreed to ship
100,000 bushels of fresh oranges from Mexico to Y in the Ukraine. Because of exceptionally cold weather, the
oranges were damaged while they were being shipped. Because of a shortage of oranges in the
Ukraine, Y, nevertheless, accepted the oranges.
According to the United Nations Convention on Contracts for the
International Sale of Goods (CISG), Y can obtain which of the following remedies?
a)
Damages.
b)
Price reduction.
c)
Rescission.
d)
All of the above.
Answer: b
6. According to the
rule known as force majeure, a party is not liable for any damages resulting
from his failure to perform if he can show:
a)
that his failure was due to
an impediment beyond his control.
b)
that the impediment was not
something he could have reasonably taken into account at the time of
contracting.
c)
that he remains unable to
overcome the impediment or its consequences.
d)
All of the above.
Answer: d
7. Buyer and Seller
enter into an international sales agreement involving goods that are to be
delivered at Buyer’s place of business.
Buyer, however, fails to take delivery.
According to the United Nations Convention on Contracts for the
International Sale of Goods (CISG), the risk of loss or injury to the goods:
a)
does not shift to Buyer.
b)
shifts to Buyer at the time
Buyer should have taken delivery.
c)
shifts to Buyer at the time
the contract was signed.
d)
shifts to Buyer only if the
goods are actually delivered to Buyer.
Answer: b
8. According to the
United Nations Convention on Contracts for the International Sale of Goods
(CISG), if a contract does not specify the place for payment, the buyer is to
pay:
a)
at the buyer’s place of
business.
b)
at the place delivery is
actually made.
c)
at the place where the
parties know the goods are located.
d)
at the seller’s place of
business.
Answer: d
9. Buyer and Seller entered into an
international sales contract governed by the United Nations Convention on
Contracts for the International Sale of Goods (CISG). The contract made no agreement as to the
means of transportation or the place for delivery. Buyer is to take delivery at:
a)
Buyer’s place of business.
b)
the place where the parties knew the goods were located.
c)
the place where the parties knew the goods were to be manufactured.
d)
Either b. or c.
Answer: d
10. The United Nations Convention on Contracts
for the International Sale of Goods (CISG) applies to goods which are:
a)
immovable and intangible.
b)
immovable and tangible.
c)
movable and intangible.
d)
movable and tangible.
Answer: d
iii.
Case analysis
1. Retailer in State A decides to go into the catalog sales business in
State B. Both countries are parties to the CISG. Retailer purchases a mailing
list from Ace Credit Card Company. The list has the names and addresses of
500,000 persons owning Ace credit cards in State B, and Retailer uses this to
prepare mailing labels. John Q. Public receives a catalog addressed to him
personally from Retailer. The catalog describes various types of widgets and
gives prices for each one. Has the retailer made an offer to sell the widgets?
If John accepts, will there be a binding contract under the CISG?
Answer: No. Under Article 11, an offer must be “addressed
to specific persons.” While the
catalogue was addressed to a specific person, mail order retailers ordinarily
intend for their catalogs to have as wide a circulation as possible, and they
would be happy to have them passed on to others. The phrase “offers addressed
to specific persons” actually means “offers restricted to the particular
addressees.”
2. On January 1, Seller sent a letter to Buyer
offering to sell to Buyer 5,000 widgets for $25 apiece. The letter also stated:
“This offer is binding and irrevocable until February 1.” On January 5, prior
to Buyer’s receipt of the letter, Seller called Buyer on the telephone and left
the following message on the answering machine at Buyer’s place of business:
“Ignore my letter of January 1. I have decided to withdraw the offer contained
in it.” On January 7, after listening to her answering machine and reading the
letter that arrived that same day, Buyer sent Seller the following telegram: “I
accept your offer of January 1.” Is there a contract under the CISG?
Answer: The withdrawal was effective. CISG Article 15(2) states that firm offers
may be withdrawn if the withdrawal reaches the offer “before or at the same
time” as the offer. Here the withdrawal
reached the offer before the offer, since the recorded withdrawal message was
delivered to Buyer’s place of business prior to Buyer’s receipt of the
offer. See Article 24.
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