Author Question: Which of the following statements is true of the United Nations Convention on Contracts for the ... (Read 124 times)

futuristic · **on:** Jun 24, 2018

Which of the following statements is true of the United Nations Convention on Contracts for the International Sale of Goods (CISG)?
A) The convention also applies to contracts where the buyer and seller have places of business in different states of the same country.
B) The convention covers contracts between two parties even if their operations are in countries that have not adopted the convention.
C) The convention extensively covers personal consumer transactions in addition to business-to-business situations.
D)The convention extensively covers personal consumer transactions in addition to business-to-business situations.

Question 2

Damages in excess of actual loss, imposed for the purpose of punishing or making an example of the defendant, are known as compensatory damages.
Indicate whether the statement is true or false