Contracts for Goods to Be Manufactured Are Treated by the CISG

question 75

True/False

Contracts for goods to be manufactured are treated by the CISG as sales of goods unless the buyer undertakes to supply a substantial part of the materials.

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Definitions:

Robinson-Patman Act

U.S. federal legislation that forbids producers from engaging in practices that prevent fair competition, especially through price discrimination.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider.

Raw Materials

Basic substances or components that are used in the production of goods or finished products.

Price Discrimination

The practice of selling the same product to different customers at different prices, typically based on factors like quantity purchased, customer demographic, or market location.