Identify at Least 10 Dissimilarities Between the CISG and the UCC

question 83

Essay

Identify at least 10 dissimilarities between the CISG and the UCC and/or U.S.common law.

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Definitions:

Self-interest

Acting in a way that is most beneficial for oneself.

Private Property

The right of private persons and firms to obtain, own, control, employ, dispose of, and bequeath land, capital, and other property.

Economically Most Efficient

The state where resources are allocated in a way that maximizes the production of goods and services at the lowest cost.

Labor and Capital

The primary factors of production, where labor refers to human work effort and capital to tools, equipment, and buildings used in production.