Under the CISG, the Fixing by the Buyer of an Additional

question 58

Multiple Choice

Under the CISG, the fixing by the buyer of an additional reasonable period of time in which the seller may perform is known as ________.

• A) délai de grâce
• B) de minimis
• C) nolo contendere
• D) Nachfrist notice

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Definitions:

Positive

A term that can refer to an optimistic outlook, a test result indicating the presence of a substance or condition, or a number greater than zero.

Negative

A term that can denote a quantity less than zero, a pessimistic outlook, or the inversion of a situation or condition.

Strong Relationship

A significant association or correlation between two or more variables where changes in one variable are closely linked to changes in the other(s).

Exponential

Relating to a mathematical function or model that describes exponential growth or decay, where the rate of change is proportional to the current value.