Under the CISG,all Contracts for the Sale of Goods Must

question 73

True/False

Under the CISG,all contracts for the sale of goods must be in writing.

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Definitions:

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.

Annual Rate

A projection of a rate over a period of one year, often used in the context of interest rates, inflation, or growth rates.

Price Index

A measure showing the average level of prices for a specific set of goods and services over a period, indicating inflation or deflation.

Base Year

A specific year chosen as a point of reference or comparison for financial or economic data.