Which of the following is a legal issue regulated by the UN Convention on Contracts for the International Sale of Goods (CISG)? ( )
A. The competency of the contracting parties.
B. The formation of contracts.
C. The legality of a contract.
D. The liability of a party for death or personal injury.
E. The rights of third parties.
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X agrees to ship 1 000 widgets from the United States for delivery to Y in Italy. X actually ships 1 500. According to the UN Convention on Contracts for the International Sale of Goods (CISG), Y may: ( )
A. accept the 1 500 widgets.
B. accept only 1 000 widgets.
C. reject all of the widgets.
D. All of the above.
Either or B.
Which of the following international transactions is covered by the CISG? ( )
A. Sale of ships
B. Sale of electricity
C. Sale of parts of aircraft
D. Sale of stocks
E. Sale of cosmetics for personal use
CISG states the following are key terms of a contract that will materially alter the contract, except: ( )
A. Price
B. Time of delivery
C. Quantity of goods
D. Specifications of goods
E. Settlement of disputes
A party is excused for a failure to perform a contract if he proves that the failure.( )
A. was due to an event beyond his control
B. can not be reasonably foreseen by him when concluding the contract
C. can not be avoided
D. all of the above
E. only A and B
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