An international agreement which regulates international business by spelling out the rights and obligations of the seller and buyer is known as ________.

Question

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The Contracts for International Sale of Goods, also known as the United Nations Convention on Contracts for the International Sale of Goods (CISG), is an international treaty that regulates the sale of goods between businesses located in different countries. It outlines the rights and obligations of the seller and buyer in cross-border transactions, such as delivery, payment, warranties, and default remedies. The other options listed are also international agreements related to international business, but they do not specifically regulate the rights and obligations of buyers and sellers in cross-border sales transactions.

An International Agreement Which Regulates International Business by Spelling Out