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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