Under the CISG

question 15

Multiple Choice

Under the CISG:

• A) the seller has no right to cure a defective delivery.
• B) if the seller does not perform on time,the buyer may fix an additional,reasonable period of time for performance.
• C) the seller has a limited right to cure a defective performance,but only before the date for delivery specified in the contract.
• D) the seller may,even after the date for delivery,cure a defective performance if it can be done without unreasonable delay.The buyer cannot claim damages for delay as long as the cure was within a reasonable time.

---

Definitions:

Unhealthy Rivalries

Competitions between individuals or groups that lead to negative outcomes, such as stress, conflict, or undermining each other.

Price Ceiling

is a government-imposed limit on how high a price can be charged for a product, good, or service.

Price Control

Government regulations that set the maximum or minimum prices for specific goods and services to control inflation or ensure affordability.

Binding

A condition, especially in legal or contractual contexts, that obliges entities to act according to the terms of an agreement or rule.