What are the conditions that must be met to show an exception to the perfect tender rule under the United Nations Convention on Contracts for the International Sale of Goods (CISG)?
What will be an ideal response?
Under the United Nations Convention on Contracts for the International Sale of Goods (CISG), all four of the following conditions must be met to show an exception to the perfect tender rule: 1. the buyer has resorted to another remedy, such as avoidance or price reduction; 2. the seller failed to deliver or, in the case of nonconforming goods, the nonconformity was so serious that it constituted a fundamental breach; 3 . the buyer gave timely notice to the seller that the goods were nonconforming; and 4. the buyer made a timely request that the seller provide substitute goods.
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A. overseas difficulties. B. sociological struggles. C. complexity issues. D. culture shock. E. adjustment pains.
From a consumer's perspective, value is based on _____
a. the perception of benefits received versus price paid b. who performs each of the elements in a value chain c. who performs the visible elements in a value chain d. only the price paid
Of the following elements, which one is NOT required to create an enforceable trust?
a. Consideration. b. Legal capacity. c. Specific property. d. A beneficiary.
Decisions that become somewhat automatic because people's knowledge allows them to recognize and identify a situation and the course of action that needs to be taken are known as ________ decisions.
A. nonintuitive B. nonprogrammed C. rational D. intuitive E. programmed