The CISG Specifically Excludes Sales Of

question 64

Multiple Choice

The CISG specifically excludes sales of:

• A) goods bought for personal, family, or household use.
• B) ships or aircraft.
• C) electricity.
• D) All of these.

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Definitions:

Investment Turnover

A measure of a company's efficiency in using its assets to generate sales or revenue; calculated by dividing sales by the average invested assets.

Profit Margin

A financial ratio that measures the percentage of profit a company makes for each dollar of sales.

Return on Investment

A measure evaluating the efficiency or profitability of an investment, calculated as net profit divided by the cost of the investment.

Residual Income

The income that remains after all required costs of capital and operating expenses have been paid.