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Under a Device Known as Nachfrist Notice,the CISG Allows Either

question 20

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Under a device known as nachfrist notice,the CISG allows either party -- buyer or seller -- to fix an additional period of time,beyond the date called for in the contract,for the other to perform.


Definitions:

Invoice

A document issued by a seller to a buyer, listing goods or services provided, with their prices, and requesting payment.

EOM

EOM stands for "End of Month," which is a term often used in accounting and business to signify deadlines or the conclusion of financial periods.

Invoice

A document issued by a seller to a buyer that specifies the products or services provided and the corresponding payment terms.

Scratch-and-Save

A promotional discount method where customers scratch a card to reveal a discount or prize.

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