LW B The UN Convention on Contracts for the International Sale of Goods and Incoterms

Written by Saad Rahman (ACCA)

اے سی سی اے · کارپوریٹ اور بزنس لا · 9 سوالات

نام: ____________________ تاریخ: ____________

The CISG applies to which type of contract?
- A A contract for services
- B A sale of land
- C A sale of goods to a consumer for personal use
- D A sale of goods between parties in different states that have adopted the Convention
Under the CISG, an offer is sufficiently definite if it:
- A Is in writing
- B Is signed by two witnesses
- C States only the price
- D Describes the goods and fixes, or provides for, the quantity and price
A buyer receives an offer and says nothing. Under the CISG:
- A Silence on its own is not acceptance
- B Silence is acceptance if the price is fair
- C The contract is formed immediately
- D Silence is acceptance after 7 days
When does an acceptance take effect under the CISG?
- A When payment is made
- B When it is posted
- C When the indication of assent reaches the offeror
- D When the goods are shipped
Goods delivered under a CISG contract are 20 percent below the quality agreed. By what latest time must the buyer give notice of the lack of conformity, whatever the circumstances?
- A Five years
- B One year
- C 30 days
- D Two years from the date the goods were handed over
Which remedy is available to a buyer only if the seller's breach is fundamental?
- A Reducing the price
- B Requiring performance
- C Declaring the contract avoided
- D Claiming damages
Where a contract involves carriage of goods, risk generally passes to the buyer when the goods are:
- A Delivered to the buyer's warehouse
- B Ordered by the buyer
- C Handed to the first carrier
- D Paid for
What do Incoterms deal with?
- A The law that governs the contract
- B Who arranges and pays for transport and insurance, and where risk passes
- C The price of the goods
- D The ownership of the goods
Which of these is an Incoterm that applies only to sea and inland waterway transport?
- A DAP
- B EXW
- C FOB
- D FCA

جوابی کلید

1. D, 2. D, 3. A, 4. C, 5. D, 6. C, 7. C, 8. B, 9. C

The Convention covers international sales of goods between businesses, and excludes consumer sales.
These are the minimum details for a definite offer.
Acceptance requires an indication of assent.
The contract is concluded at that moment.
The buyer must give notice within a reasonable time and in any event within two years, or loses the right to rely on the lack of conformity.
Avoidance is a last resort available for fundamental breach.
This is the general rule under the CISG when carriage is involved.
They do not deal with title or price.
FOB, FAS, CFR and CIF are for sea and inland waterway transport.