How Do the Warranty Provisions Under the CISG Compare to the Provisions

question 53

Multiple Choice

How do the warranty provisions under the CISG compare to the provisions of the UCC?

• A) In most instances, the standards are the same.
• B) In all instances, the standards are the same.
• C) The CISG standards are stricter when compared to the UCC standards.
• D) The standards are completely different.

---

Definitions:

Exchange Rate

The value of one currency for the purpose of conversion to another, determining how much one currency is worth in terms of another.

Appreciates

An increase in the value of an asset or currency over time, often due to factors like demand, inflation, or changes in interest rates.

Appreciates

Increases in value or worth, often used in the context of financial investments or property.

Price Level

The mean cost of all products and services available in the market across different sectors of the economy.