If a North Carolina firm contracts to buy toys from China, and the contract does not specify which law applies, in case of dispute, which law will apply:

Question

Quizplus · Accepted Answer

In international contracts for the sale of goods where the countries involved have ratified the United Nations Convention on Contracts for the International Sale of Goods (CISG), and the contract does not specify which law applies, the CISG generally applies. Both China and the United States (of which North Carolina is a part) are signatories to the CISG, making it the applicable law in the absence of a specified governing law in the contract.

If a North Carolina Firm Contracts to Buy Toys from China