Contract Law Obligations

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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?

To establish jurisdiction in disputes Signup and view all the answers

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

To establish the right to obtain compensation Signup and view all the answers

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

Entitlement to compensation according to Article 81(2) Signup and view all the answers

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

Petra Butler 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?

2009 Signup and view all the answers

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

Pace Review of the Convention on Contracts for the International Sale of Goods (CISG) 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'?

Franco Ferrari Signup and view all the answers

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

UN Convention on Contracts for the International Sale of Goods Signup and view all the answers

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

To put the creditor in an economic situation as if the contract was executed correctly Signup and view all the answers

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

Article 79 Signup and view all the answers

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

Uneven application and interpretation of the CISG Signup and view all the answers

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

Non-judicial costs Signup and view all the answers

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

To determine liability and compensation in full Signup and view all the answers

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

Place the creditor in the position they would have been in if the contract had been properly performed Signup and view all the answers

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

The debtor Signup and view all the answers

What is one of the foundations that cause damage?

Full compensation Signup and view all the answers

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

Non-judicial costs are related to the pursuit of rights according to the contract when a demand for performance occurs Signup and view all the answers

Which articles deal with the methods of granting compensation?

Articles 74-77 Signup and view all the answers

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

The creditor is entitled to claim compensation Signup and view all the answers

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

To compensate the creditor for non-compliance with the terms of the contract Signup and view all the answers

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

The debtor has the right to terminate the contract and claim damages. Signup and view all the answers

Under what circumstance can the creditor avoid liability for damages?

If the creditor proves that it acted in good faith or was exposed to force majeure. Signup and view all the answers

What is the purpose of Article 75 of the CISG?

To provide a framework for calculating damages. 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)'?