Winnipeg Construction Ltd has entered into a contract with Malmo Steel in Sweden. The parties have agreed that their contract will be governed by the United Nations Convention on Contracts for the International Sale of Goods. That means that
A) the parties have decided use either the laws of Manitoba or the laws of Sweden to govern their agreement.
B) the parties' sale is governed by a set of rules set out in the convention.
C) the parties must use arbitration to settle any disputes that arise.
D) if a dispute arises between the parties, they must seek a resolution from the International Court of Justice.
E) the parties' agreement must comply with the terms of the WTO.
Correct Answer:
Verified
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