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International business law True or false 1/ If a contract for sale of goods does

ID: 465156 • Letter: I

Question

International business law

True or false

1/ If a contract for sale of goods does not specify that it is a destination or shipping contract, it is a destination contract

2/ the new york convention promotes assurance of recourse for business

3/ the nicaragua case fails to embrace arbitration since the contract as a whole is in question

4/ the UNCISG creates common expectations in contracting among member countries

5/ the major trading nations are members of the UNCISG and includes far beyond the top economies

6/ the process for WTO dispute resolution has been enhanced for timeliness and efficiency and includes settlement and appeals

7/The CISG, NY Convention and WTO share common goals for international business including predictability

Explanation / Answer

ans 1=false

If a contract for sale of goods does not specify that it is a destination or shipping contract, it is a shipping contract

ans 2=true

ans 3=false

ans 4=true

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