In the Event That a Buyer Receives a Shipment of Seriously

question 65

Multiple Choice

In the event that a buyer receives a shipment of seriously defective goods, under the CISG:

• A) the buyer may accept the goods and reduce the amount paid to the seller accordingly.
• B) the buyer must notify the seller of the defects within a reasonable time.
• C) the seller may cure the defect up until the time for performance has expired.
• D) the seller may request additional time to perform even though he will be late in so doing.
• E) all of the above.

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Definitions:

Small Interest Group

A group of individuals or organizations that, despite its small size, seeks to influence public policy or corporate decisions based on specific common interests or concerns.

Inefficient Government Program

A public initiative that fails to achieve desired outcomes effectively, often due to misallocation of resources or administrative issues.

Logrolling

The practice of exchanging favors, especially in politics, by reciprocal voting for each other's proposed legislation.

Vote Trading

A strategy where individuals or parties exchange support for each other's preferred choices or policies, often seen in political contexts.