Which of the following is true of the United Nations Convention on Contracts for the International Sale of Goods (CISG)?
A) It requires contracts for the sale of goods in excess of $300 to be in writing.
B) It mainly aims to unify and codify an international law of sales.
C) It focuses on which terms of the offer and acceptance are the same.
D) It applies to commercial and consumer transactions.

Question

Quizplus · Accepted Answer

The United Nations Convention on Contracts for the International Sale of Goods (CISG) provides rules governing the formation of international contracts and regulates the transfer of goods under those contracts. The fundamental goal of the CISG is to unify and codify an international law of sales in much the same way that the Uniform Commercial Code provides uniformity and stability for transactions among contracting parties from different states in the United States.

Which of the Following Is True of the United Nations