Question 1

As a seller who fails to deliver goods on time, consider whether U.S. law or the CISG favors your interests.

Accepted Answer

As a seller who fails to deliver goods o

Question 2

Consider the benefits and detriments of a U.S. buyer and a German seller using U.S. law for a sale contract.

Accepted Answer

The benefits and detriments for a U.S. b

Question 3

U.S. Wheat Sales Inc. has a contract with Zambia to supply 1,000,000 bushels of wheat. Before shipment, the U.S. government put an embargo on the sale of wheat to Zambia. U.S. Wheat cannot ship. In a legal action:

Accepted Answer

A)  U.S. Wheat would be liable for breach of contract and have to pay damages. 
B)  U.S. Wheat will have to get wheat from other sources and specifically perform. 
C)  U.S. Wheat will be excused from performance because of the doctrine of impossibility of performance. 
D)  none of the above is correct. 
A)  U.S. Wheat would be liable for breach of contract and have to pay damages. 
B)  U.S. Wheat will have to get wheat from other sources and specifically perform. 
C)  U.S. Wheat will be excused from performance because of the doctrine of impossibility of performance. 
D)  none of the above is correct.

Question 4

If a question arises over a trade usage, the CISG provides that:

Accepted Answer

A)  no reference to trade usage is allowed by a court. 
B)  a court can look at those trade usages that the parties knew or ought to have known and are regularly used in the industry. 
C)  a court can look at those trade usages to which the parties agree to be bound. 
D)  both B and C. 
A)  no reference to trade usage is allowed by a court. 
B)  a court can look at those trade usages that the parties knew or ought to have known and are regularly used in the industry. 
C)  a court can look at those trade usages to which the parties agree to be bound. 
D)  both B and C.

Question 5

The name of the clause put into international sales contracts to limit the liability of the parties in the event of an intervening and disruptive force beyond a party's control makes performance more difficult than expected is:

Accepted Answer

A)  Good excuse clause. 
B)  Out of control clause. 
C)  Force Majeure clause. 
D)  Excuse moi clause. 
A)  Good excuse clause. 
B)  Out of control clause. 
C)  Force Majeure clause. 
D)  Excuse moi clause.

Question 6

Consequential money damages for breach of a sales contract may also include an amount for lost profits arising as a reasonably foreseeable loss due to the breach.

Accepted Answer

A) True 
 B)False

Question 7

Draft a CISG article that addresses the interpretation of "bi-lingual" contracts.

Accepted Answer

Article X: Interpretation of Bi-lingual

Question 8

Negotiations style in Japan can be characterized as:

Accepted Answer

A)  aggressive. 
B)  win-win. 
C)  passive. 
D)  harmony, personal dignity, consensus. 
A)  aggressive. 
B)  win-win. 
C)  passive. 
D)  harmony, personal dignity, consensus.

Question 9

The CISG says that the remedy of specific performance is allowed where the domestic laws of a country allow such a remedy.

Accepted Answer

A) True 
 B)False

As a seller who fails to deliver goods on time, consider whether U.S. law or the CISG favors your interests.

Consider the benefits and detriments of a U.S. buyer and a German seller using U.S. law for a sale contract.

U.S. Wheat Sales Inc. has a contract with Zambia to supply 1,000,000 bushels of wheat. Before shipment, the U.S. government put an embargo on the sale of wheat to Zambia. U.S. Wheat cannot ship. In a legal action:

If a question arises over a trade usage, the CISG provides that:

The name of the clause put into international sales contracts to limit the liability of the parties in the event of an intervening and disruptive force beyond a party's control makes performance more difficult than expected is:

Consequential money damages for breach of a sales contract may also include an amount for lost profits arising as a reasonably foreseeable loss due to the breach.

Draft a CISG article that addresses the interpretation of "bi-lingual" contracts.

Negotiations style in Japan can be characterized as:

The CISG says that the remedy of specific performance is allowed where the domestic laws of a country allow such a remedy.

Introduction to International Business

International Law and the Worlds Legal Systems

Resolving International Commercial Disputes

The Documentary Sale and Terms of Trade

Legal Issues in International Transportation

Bank Collections and Letters of Credit

National Lawmaking Powers and the Regulation of Us Trade

The World Trade Organization: Basic Principles

Laws Governing Access to Foreign Markets

Regulating Import Competition and Unfair Trade

Imports, Customs, and Tariff Law

Regulating Exports

North American Free Trade Law

The European Union

International Marketing and Consumer Law

Protecting and Licensing Intellectual Property

The Legal Environment of Foreign Direct Investment

Employment and Immigration Law

Environmental Law

Regulating the Competitive Environment

Filters

Exam 4: The Formation and Performance of Contracts for the Sale of Goods

As a seller who fails to deliver goods on time, consider whether U.S. law or the CISG favors your interests.

Consider the benefits and detriments of a U.S. buyer and a German seller using U.S. law for a sale contract.

U.S. Wheat Sales Inc. has a contract with Zambia to supply 1,000,000 bushels of wheat. Before shipment, the U.S. government put an embargo on the sale of wheat to Zambia. U.S. Wheat cannot ship. In a legal action:

If a question arises over a trade usage, the CISG provides that:

The name of the clause put into international sales contracts to limit the liability of the parties in the event of an intervening and disruptive force beyond a party's control makes performance more difficult than expected is:

Consequential money damages for breach of a sales contract may also include an amount for lost profits arising as a reasonably foreseeable loss due to the breach.

Draft a CISG article that addresses the interpretation of "bi-lingual" contracts.

Negotiations style in Japan can be characterized as:

The CISG says that the remedy of specific performance is allowed where the domestic laws of a country allow such a remedy.

Introduction to International Business

International Law and the Worlds Legal Systems

Resolving International Commercial Disputes

The Documentary Sale and Terms of Trade

Legal Issues in International Transportation

Bank Collections and Letters of Credit

National Lawmaking Powers and the Regulation of Us Trade

The World Trade Organization: Basic Principles

Laws Governing Access to Foreign Markets

Regulating Import Competition and Unfair Trade

Imports, Customs, and Tariff Law

Regulating Exports

North American Free Trade Law

The European Union

International Marketing and Consumer Law

Protecting and Licensing Intellectual Property

The Legal Environment of Foreign Direct Investment

Employment and Immigration Law

Environmental Law

Regulating the Competitive Environment

Filters