Recent

  • Show all results for ""
Contract Law II: Substantive Sale of Goods Law
24 Questions
2 Views

Contract Law II: Substantive Sale of Goods Law

Created by
@RealisticElbaite

Questions and Answers

What is the starting premise regarding obligations and specific performance under the CISG?

  • Every obligation corresponds with the right to avoidance of the contract.
  • Every obligation corresponds with the right to damages.
  • Every obligation corresponds with the right to withhold performance.
  • Every obligation corresponds with the right to specific performance. (correct)

    • Under the CISG, what remedy is available to the buyer if the goods do not conform to the contract?

  • Right to damages
  • Right to avoidance of the contract
  • Right to specific performance
  • Right to reduction in purchase price (correct)

    • What remedy does the buyer have under the CISG if the goods received do not conform to the contract?

  • Specific performance
  • Damages
  • Delivery of substitute goods (correct)
  • Avoidance of the contract

    • Which remedy allows a party to demand further delivery when the goods received do not conform to the contract?

    <p>Right to specific performance</p> Signup and view all the answers

    In addition to the basic remedies under the CISG, what is one of the buyer's additional remedies?

    <p>Right to reduction in purchase price</p> Signup and view all the answers

    What is the seller's right under the CISG in response to a buyer's breach of contract?

    <p>Demand specific performance</p> Signup and view all the answers

    What is the immediate action required when one party wants to withhold its performance?

    <p>Give immediate notice to the other party</p> Signup and view all the answers

    Which article of the CISG grants the right to damages to the buyer?

    <p>Article 45(1)(b) CISG</p> Signup and view all the answers

    What is the condition for the avoidance of a contract under the CISG?

    <p>A fundamental breach of contractual obligations</p> Signup and view all the answers

    What happens to the remaining contractual obligations when a declaration of avoidance is made?

    <p>The parties are released from their remaining contractual obligations</p> Signup and view all the answers

    What is required for a declaration of avoidance to be effective?

    <p>The declaration must be able to reach the addressee</p> Signup and view all the answers

    What is the purpose of articles 74 to 77 CISG?

    <p>To provide the general rules for the extent of damages and its calculation</p> Signup and view all the answers

    Under the CISG, a party can withhold its performance without giving immediate notice to the other party if they fail to perform their obligations properly.

    <p>False</p> Signup and view all the answers

    The CISG allows a party to claim damages under the provision of Article 45(1)(c) and Article 61(1)(c).

    <p>False</p> Signup and view all the answers

    The declaration of avoidance under the CISG is only effective if it is made using the means appropriate in the circumstances and reaches the addressee.

    <p>False</p> Signup and view all the answers

    Articles 74 to 77 of the CISG provide specific guidance on the calculation of damages in the event of a breach of contract.

    <p>False</p> Signup and view all the answers

    Under the CISG, a party can withhold its performance if the goods received do not conform to the contract and demand further delivery.

    <p>False</p> Signup and view all the answers

    The CISG allows for the avoidance of a contract if there is a 'minor' breach of the contractual obligations by one party.

    <p>False</p> Signup and view all the answers

    The CISG only regulates the obligations of the seller.

    <p>False</p> Signup and view all the answers

    The buyer can demand delivery of substitute goods only if the seller has failed to deliver any goods.

    <p>False</p> Signup and view all the answers

    The right to damages is only available to the seller under the CISG.

    <p>False</p> Signup and view all the answers

    Avoidance of the contract is only possible if the buyer has breached the contract.

    <p>False</p> Signup and view all the answers

    The buyer can only demand specific performance if the seller has delivered non-conforming goods.

    <p>False</p> Signup and view all the answers

    The CISG only provides four basic remedies to the buyer.

    <p>False</p> Signup and view all the answers

    More Quizzes Like This

    Contract Law Principles in Sale of Goods and Advertisements Quiz
    45 questions

    Contract Law Principles in Sale of Goods and Advertisements Quiz

    IncredibleLeopard avatar
    IncredibleLeopard
    Contract Law II: Seller's Obligations in Sale of Goods Contract
    59 questions

    Contract Law II: Seller's Obligations in Sale of Goods Contract

    RealisticElbaite avatar
    RealisticElbaite
    Law of Sale and Contract
    10 questions

    Law of Sale and Contract

    LivelySimile avatar
    LivelySimile
    Sale of Goods Contract Essentials
    40 questions

    Sale of Goods Contract Essentials

    InfluentialGravity avatar
    InfluentialGravity
    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser