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UN CONVENTION ON CONTRACTS FOR INTERNATIONAL SALE OF GOODS

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › UN CONVENTION ON CONTRACTS FOR INTERNATIONAL SALE OF GOODS

  • This topic has 3 replies, 2 voices, and was last updated 3 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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    Posts
  • March 29, 2022 at 5:57 pm #652253
    Anonymous
    Inactive
    • Topics: 65
    • Replies: 117
    • ☆☆

    he UN Convention of Contracts for the International Sale of Goods deals with the situation where the innocent party has avoided the contact but has not made a purchase or resale under Article 75

    Which TWO of the following are correct under Article 76?

    1.There can be a claim to recover the difference between the price fixed by the contract and the current price at the time of avoidance
    2.
    Further damages may be recoverible to the extent that they were foreseeable

    3. There can be claim to recover the difference between the price fixed by the contract and the current price at the time of the court hearing

    4 There can be no compensation if the party claming damages has taken control of the goods

    Is the answer 1&2

    March 30, 2022 at 5:45 am #652292
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    1 and 2 is the correct combination

    OK?

    March 31, 2022 at 10:19 am #652388
    Anonymous
    Inactive
    • Topics: 65
    • Replies: 117
    • ☆☆

    Thank u so much sir

    April 1, 2022 at 4:08 pm #652522
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
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