If a Question Arises Over a Trade Usage,the CISG Provides

question 10

Multiple Choice

If a question arises over a trade usage,the CISG provides that:

• A) no reference to trade usage is allowed by a court.
• B) a court can look at those trade usages that the parties knew or ought to have known and are regularly used in the industry.
• C) a court can look at those trade usages to which the parties agree to be bound.
• D) both a court can look at those trade usages that the parties knew or ought to have known and are regularly used in the industry and a court can look at those trade usages to which the parties agree to be bound.

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Definitions:

Groupthink

Groupthink is a psychological phenomenon that occurs within a cohesive group, causing members to seek consensus and conformity, possibly at the expense of critical thinking and individual opinions.

Unconventional Thinking

A way of thinking that challenges traditional perspectives, norms, and methods.

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Comparisons made between two things that are otherwise dissimilar, aiming to explain a concept or idea by highlighting similarities.

Edisonian

Pertaining to Thomas Edison, often referring to his inventive approach that emphasizes trial and error and persistence.