StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Application of the UN Convention on Contracts for the International Sale of Goods - Term Paper Example

Cite this document
Summary
This term paper "Application of the UN Convention on Contracts for the International Sale of Goods" focuses on the question that arises as to whether the buyer has the responsibility to pay for the products it purchased. It is pointed out that the buyer must pay the price for the goods. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.6% of users find it useful
Application of the UN Convention on Contracts for the International Sale of Goods
Read Text Preview

Extract of sample "Application of the UN Convention on Contracts for the International Sale of Goods"

Thus, it becomes evident that in the present case, it is possible to apply the CISG. The second important factor to be considered is what happens if one party fails to deliver the products within the specified date. Admittedly, according to the contract, the products were to be delivered by 15th July. However, the products were delivered only on 4th August. According to Article 33 (a) of CSIG, the seller must deliver the goods on the day fixed by or determinable from the contract. Evidently, the contract had fixed the date of delivery as 15th July.

However, it seems that FireWeasel (buyer) did not give GeniuX (seller) an additional period of time of reasonable length to deliver the goods. According to Article 47, paragraph 1, the buyer may fix an additional period of time of reasonable length for performance by the seller of his obligations. However, in the present case, it seems that the buyer did not fix any additional period of time for the seller and there was no communication in this connection. So, it becomes evident that though the seller failed to deliver the goods in time, the buyer loses the legal right to claim that the contract was avoided.

The third important point is what happens when the contract does not mention anything about the quality of the product ordered. It is evident from the case that the products delivered by the seller are not good enough to enable the buyer to compete in the market. Article 35 (2a) points out that unless agreed otherwise, the goods do not conform to the contract if they are not fit for the purpose for which goods of the same description are normally used. However, the case shows that the products delivered are not so bad and are only slightly inferior to other competitors.

Thus, it is possible for the buyer to rely on the poor quality of the products delivered. Another important point is how and when the matter of lack of conformity should be informed by the buyer to the seller. It is pointed out in Article 39 that the buyer loses the right to claim lack of conformity if he does not give notice to the seller, specifying the nature of the lack of conformity within a reasonable time period. Evidently, the buyer in the present case has promptly informed the seller about the lack of conformity.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Case Study on the application of the U.N Convention on Contract for Term Paper”, n.d.)
Case Study on the application of the U.N Convention on Contract for Term Paper. Retrieved from https://studentshare.org/law/1465290-case-study-on-the-application-of-the-un-convention
(Case Study on the Application of the U.N Convention on Contract for Term Paper)
Case Study on the Application of the U.N Convention on Contract for Term Paper. https://studentshare.org/law/1465290-case-study-on-the-application-of-the-un-convention.
“Case Study on the Application of the U.N Convention on Contract for Term Paper”, n.d. https://studentshare.org/law/1465290-case-study-on-the-application-of-the-un-convention.
  • Cited: 0 times

CHECK THESE SAMPLES OF Application of the UN Convention on Contracts for the International Sale of Goods

International Sale, Carriage, and Contract of Goods

26 of the Unfair Contract Terms Act 1977 as well as Article 1 of the United Nations convention on contracts for the international sale of goods (CISG hereafter).... Many types of risks are being borne by long distance sellers in an international sale of goods, which include, inter alia: the uncertainty resulting from the transit of goods by sea; possible political uncertainty; conflict of law, and; payment issues.... international sale of goods is complicated by the likely sea transit of goods....
14 Pages (3500 words) Essay

The United Nations Convention on Contracts for the International Sale of Goods

The paper 'The United Nations convention on contracts for the international sale of goods' states that CISG has been adopted by seventy six (76) countries as of 7 July 2010.... The sale of goods under the CISG is also said not to have been defined under the Convention (Martin-Davidson, 2008-2009, 1).... This is especially relevant to the application of CISG on the 'information stored in and read by computers' which include both the 'information stored on a disk or in a computer' considered to be 'intangible property' and not as goods (CISG, Article 2(f)), and the so-called 'licensed use of information,' which does not satisfy 'the seller's obligation to 'transfer the property in the goods'' under Article 30 of CISG (Martin-Davidson, 2008-2009)....
6 Pages (1500 words) Essay

International Business Risks

or the understanding of the international business the legal system of a country is essential, as the business practices of a certain county are being regulated by its laws.... As these legal systems were meant for its own developers they lacked the capabilities to sum up all of the various legal systems that could govern international business transactions.... Sales Convention and UNIDROIT Principles of international Commercial Contracts are quite prominent....
9 Pages (2250 words) Essay

International Trade and Contract Law

In cases of international trade/international sale of goods, contracts tend to be governed by the terms set forth by both the United Nations convention on contracts for the international sale of goods (CISG) and Incoterms, while the actual carriage of the goods from one port to another are governed by the Hague Visby Rules (HVR) as amended by the Brussels Protocol, 1968.... The aforementioned definition of a sale of goods contract is further upheld by the law lecturer and scholar, Paul Todd....
19 Pages (4750 words) Essay

Legal Regime for International Sales Today

Since the 15th century in Europe, after the great voyages of discovery which created thriving markets in the Americas, Asia and Africa, there was a frenetic pace of commerce and trade between Europe and the new colonies overseas, and as a result an effective legal regime for international trade and commerce was sought to be formulated.... The need for such legal regime was fueled by the complexities of international trade and commerce that emanated from Europe's commercial revolution and the industrial revolution that it later spawned....
17 Pages (4250 words) Essay

Rome I Regulation (Regulation 593/2008) and Party Autonomy

3 The Rome Convention has typically restricted party autonomy by applying the proviso that the parties' choice of law cannot be freely applied when the application of the chosen law 'would be manifestly incompatible with public policy.... EC Regulation No 593/2008 on the law applicable to contractual obligations will come into force on December 17, 2009, and will apply to all contracts completed following that date.... C Regulation No 593/2008 of June 2008 titled Regulation on the Law Applicable to Contractual Obligations replaces the Rome Convention which previously managed the law applicable to contracts....
25 Pages (6250 words) Research Paper

The UN Convention on Contracts for the International Sale of Goods

In the research paper 'the un convention on contracts for the international sale of goods' the author discusses three fundamental requirements for the formation of a legally enforceable contract.... A proposal is sufficiently definite if it indicates the goods and implicitly fixes for determining quantity or price.... A proposal is sufficiently definite if it indicates the goods and expressly or implicitly fixes or makes provision for determining quantity or price'....
6 Pages (1500 words) Assignment

Certainty and Predictability in the International Sale of Goods Act

United Nations Convention held in Vienna in 1980 on contracts for the international sale of goods famously known as 'CISG' offers a uniform, update and fair regime for contracts pertaining to the international sale of goods.... This case study "Certainty and Predictability in the international sale of goods Act" analyzes in detail the observations made by Lord Mansfield in Vallejo v Wheeler that in all mercantile transactions, the great object should be certainty by referring various decided case laws on the subject....
8 Pages (2000 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us