Contract Law Obligations

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Questions and Answers

What is the purpose of Article 74 according to the contractual duty?

  • To regulate the behavior of parties and customs in industries
  • To ensure the fulfillment of the required obligations in written contracts (correct)
  • To provide compensation in case of terminating contracts
  • To establish jurisdiction in arbitration bodies

What are the main differences in delivery that may lead to non-conformity?

  • Differences in price and payment terms
  • Differences in quality and quantity of goods delivered (correct)
  • Differences in delivery dates and timelines
  • Differences in packaging and labeling

What is the main remedy for violating sales contracts according to CISG?

  • Terminating the contract and claiming compensation (correct)
  • Reducing the price of the goods
  • Seeking compensation for damages
  • Requesting specific performance of the contract

What is the role of arbitration bodies in written contracts?

<p>To establish jurisdiction in disputes (B)</p> Signup and view all the answers

What is the purpose of Articles 45 and 61 in CISG?

<p>To establish the right to obtain compensation (C)</p> Signup and view all the answers

What is the consequence of exceeding the obligation to pay compensation when terminating contracts?

<p>Entitlement to compensation according to Article 81(2) (D)</p> Signup and view all the answers

Who wrote 'Damages Principles under the Convention on Contracts for the International Sale of Goods (CISG)'?

<p>Petra Butler (C)</p> Signup and view all the answers

In which year was the article 'The U.N. Convention on the International Sale of Goods: A Critical Analysis of Current International Case Law' published?

<p>2009 (D)</p> Signup and view all the answers

What is the title of the review written by John Felemegas?

<p>Pace Review of the Convention on Contracts for the International Sale of Goods (CISG) (B)</p> Signup and view all the answers

Who wrote 'What Sources of Law for Contracts for the International Sale of Goods? Why One Has to Look Beyond the CISG'?

<p>Franco Ferrari (D)</p> Signup and view all the answers

In which article does M Djordjevic contribute to the discussion on Article 76, paragraph 17?

<p>UN Convention on Contracts for the International Sale of Goods (A)</p> Signup and view all the answers

What is the primary aim of compensation for damages incurred in accordance with the sales agreement?

<p>To put the creditor in an economic situation as if the contract was executed correctly (B)</p> Signup and view all the answers

In cases of exemption due to hardship or force majeure, which article specifies the requirements?

<p>Article 79 (D)</p> Signup and view all the answers

What is a potential consequence of the CISG not relying on matters to recover legal costs?

<p>Uneven application and interpretation of the CISG (B)</p> Signup and view all the answers

What type of costs are not subject to the judiciary according to Article 74?

<p>Non-judicial costs (C)</p> Signup and view all the answers

What is the purpose of the principles outlined in Article 74?

<p>To determine liability and compensation in full (B)</p> Signup and view all the answers

What is the primary goal of the damages system according to Article 74?

<p>Place the creditor in the position they would have been in if the contract had been properly performed (D)</p> Signup and view all the answers

Who becomes responsible for all recent losses that result from poor performance?

<p>The debtor (A)</p> Signup and view all the answers

What is one of the foundations that cause damage?

<p>Full compensation (D)</p> Signup and view all the answers

What is the relationship between non-judicial costs and the pursuit of rights according to the contract?

<p>Non-judicial costs are related to the pursuit of rights according to the contract when a demand for performance occurs (B)</p> Signup and view all the answers

Which articles deal with the methods of granting compensation?

<p>Articles 74-77 (D)</p> Signup and view all the answers

What is the consequence of non-compliance with the terms of the contract or its invalidation?

<p>The creditor is entitled to claim compensation (D)</p> Signup and view all the answers

What is the purpose of the system for damages according to the Sales Agreement?

<p>To compensate the creditor for non-compliance with the terms of the contract (A)</p> Signup and view all the answers

What is the primary consequence for the debtor in the event of a fundamental breach?

<p>The debtor has the right to terminate the contract and claim damages. (C)</p> Signup and view all the answers

Under what circumstance can the creditor avoid liability for damages?

<p>If the creditor proves that it acted in good faith or was exposed to force majeure. (A)</p> Signup and view all the answers

What is the purpose of Article 75 of the CISG?

<p>To provide a framework for calculating damages. (A)</p> Signup and view all the answers

Who is the author of the article 'Damages Principles under the Convention on Contracts for the International Sale of Goods (CISG)'?

<p>Petra Butler (D)</p> Signup and view all the answers

What is the title of the publication that critically analyzes international case law on the CISG?

<p>The U.N. Convention on the International Sale of Goods: A Critical Analysis of Current International Case Law (C)</p> Signup and view all the answers

What is the title of the publication that discusses the sources of law for contracts for the international sale of goods?

<p>What Sources of Law for Contracts for the International Sale of Goods? (D)</p> Signup and view all the answers

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