Skip to content

Ask the Tutor ACCA LW

International business transactions- obligation

Ppreet4y ago
In relation to the UNCCISG, which of the following statements are correct? The buyer may declare the contract avoided if: 1- the seller commits a minor breach of contract 2- the seller hasn't delivered the goods Why is the answer neither 1 & 2? Isn't failure to deliver and breach of contract resulting in declaring it avoided?
VBVijay Bhatti4y ago#1
Hi Ketki, In order to avoid the contract there must be a breach of condition ie a fundamental term and not imply a minor breach. I hope this clarifies. Best wishes, Vijay
Sign into reply to this topic.