The UCC differs from the United Nations Convention on Contracts for the International Sale of Goods (CISG) in that:
A) the UCC does not require contracts to be in writing,CISG requires contracts for the sale of goods in excess of $500 to be in writing.
B) the CISG applies to the sale of consumer transactions while the UCC governs both consumer and commercial transactions.
C) the UCC holds merchants to higher standards in some circumstances,while the CISG does not make a distinction between merchants and non-merchants.
D) the CISG applies to both consumer and commercial transactions,while the UCC applies only to commercial sales of goods.
Correct Answer:
Verified
Q24: A promise exchanged for a promise is
Q26: A promise exchanged for an act is
Q27: Which of the following is correct regarding
Q28: Elroy is fifteen years old and makes
Q29: When two parties have directly,but orally,stated all
Q32: An oral contract which was required by
Q33: Which of the following is correct regarding
Q34: In a contract involving elements of both
Q35: Ted makes a deal with Ella to
Q36: The UCC defines "goods" as:
A)intangible personal property.
B)tangible
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents