Under the CISG

question 59

Multiple Choice

Under the CISG:

• A) loss of, but not damage to, the goods after the risk of loss has passed to the buyer discharges the buyer from the obligation to pay the purchase price.
• B) if the sales contract involves the carriage of the goods and the seller is not obligated to hand them over at a particular destination, risk of loss passes to the buyer when the goods are handed over to the first carrier.
• C) if the sales contract does not involve carriage of the goods, the risk of loss passes to the buyer when the goods are tendered to him.
• D) All of the answers are correct.

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Definitions:

Narcissism

A psychological condition characterized by self-preoccupation, lack of empathy, and unconscious deficits in self-esteem.

Self-Serving Bias

A common tendency for individuals to attribute their successes to internal factors and their failures to external factors.

External Locus

The belief that one's outcomes in life are controlled by external forces or fate rather than one's own efforts.

Erroneously Thinking

The process of making mistakes in reasoning or understanding; incorrect or faulty thinking.