The United Nations Convention on Contracts for the International Sale

question 18

Multiple Choice

The United Nations Convention on Contracts for the International Sale of Goods (UNCISG) differs from the UCC in that under UNCISG,

• A) acceptances are effective when mailed.
• B) acceptances are effective when received.
• C) written contracts are required for sales contracts of $1,000 or more rather than $500 or more.
• D) industry practices and past dealings between parties are not recognized.

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Definitions:

Normal Distribution

A statistical function that represents a bell-shaped curve where most occurrences take place near the mean or average value.

Standard Deviation

A measure in statistics that quantifies the amount of variation or dispersion of a set of values from the mean (average) of the set.

Battery Life

The duration a battery can continue to provide power to a device before it needs recharging or replacement.

Creative Approach

Utilizing imagination or unconventional thinking to solve problems or generate original ideas.