Whenever the parties to an international transaction fail to specify in writing the precise terms of the contract,the United Nations Convention on Contracts for the International Sale of Goods (CISG)will be applied.

Question

Quizplus · Accepted Answer

The statement is true. The CISG serves as the default law governing international sales contracts when the parties do not expressly opt-out or opt-in to specific domestic law.

Whenever the Parties to an International Transaction Fail to Specify