Under the United Nations Convention on Contracts for the International

question 62

True/False

Under the United Nations Convention on Contracts for the International Sale of Goods,an international sales contract does not need to be evidenced by a writing or to be in any particular form.

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Definitions:

Capital Gains Yield

The increase in price of an investment, measured by the difference between the purchase price and the selling price, relative to the purchase price.

Required Rate

The minimum acceptable return on an investment, often used in capital budgeting to assess the viability of potential investments or projects.

Paid Dividend

The cash or stock distributed to shareholders from a company's earnings.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with guaranteed dividends, but without voting rights.