What Is the Purpose of the International Chamber of Commerce

question 50

Multiple Choice

What is the purpose of the International Chamber of Commerce terms?

• A) to standardize contractual terms and avoid confusion due to language barriers
• B) to provide basic contract law for international sales of goods
• C) to standardize the monetary units used in international contracts
• D) to provide a forum for arbitration of CISG contracts

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Definitions:

Gasoline

A petroleum-derived liquid mixture, primarily used as fuel in internal combustion engines.

Centimeters

A unit of length in the metric system equal to one hundredth of a meter.

Inches

A unit of length in the Imperial and US customary systems, equal to 1/12 of a foot.

Meters

A metric unit of length equal to 100 centimeters.