The Provisions of the United Nations Convention on Contracts for the International

question 9

Multiple Choice

The provisions of the United Nations Convention on Contracts for the International Sale of Goods (CISG) have been strongly influenced by:

• A) the GATT's most-favored nation clause.
• B) the European Economic Community's Treaty of Rome.
• C) the Uniform Commercial Code.
• D) the success of the Organization of Petroleum Exporting Companies.

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Definitions:

Goal Congruence

The alignment of objectives between individuals, teams, or departments, and the overall goals of an organization.

Special Endorsement

A form of endorsement on a negotiable instrument, such as a check, whereby the endorser specifies the party to whom the instrument is to be payable.

Named Endorsee

An individual or entity specifically named in a negotiable instrument, such as a check, as the party to whom the instrument is endorsed or assigned.

Endorser's Signature

The signature of the person who endorses a document, often found on checks or financial instruments, indicating their approval or transfer of rights.