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UN convention on contracts for the international sale of goods

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › UN convention on contracts for the international sale of goods

  • This topic has 3 replies, 2 voices, and was last updated 10 months ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 29, 2022 at 5:06 pm #652247
    Safiya.12345
    Participant
    • Topics: 61
    • Replies: 111
    • ☆☆

    In relation to the UN Convention on Contracts for the International Sale of Goods, which of the following atements is true?

    1.It cannot be applied if one party to a contract is located in a state which has not signed it

    2 Courtres can opt out of specific sections or articles if they choose to do so

    3. is binding in all countries that are members of the United Nations

    Is 2 the answer

    March 30, 2022 at 5:42 am #652290
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22702
    • ☆☆☆☆☆

    I believe that it’s 2

    The Convention could be applied even if one country were not a signatory if the other party in that country voluntarily accepted it so the statement in option 1 is incorrect

    Option 3 is not correct – any country COULD opt out of the Convention

    OK?

    March 30, 2022 at 12:04 pm #652318
    Safiya.12345
    Participant
    • Topics: 61
    • Replies: 111
    • ☆☆

    Thank u so much sir

    April 1, 2022 at 3:53 pm #652520
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22702
    • ☆☆☆☆☆

    You’re welcome

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