Under the Convention on Contracts for the International Sale of Goods

question 16

True/False

Under the Convention on Contracts for the International Sale of Goods, consideration is not required to form a contract.

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Definitions:

Win-Lose Approach

A competitive strategy or mindset where success is achieved at the expense of others, focusing on one's own gain without regard for collective outcomes.

Neutrality

The state of not supporting or helping either side in a conflict or disagreement; impartiality.

Passive Person

An individual who tends to accept or allow what happens or what others do without active response or resistance.

Elicit

To draw out a response, answer, or fact from someone in a subtle or skillful manner.