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Question 1 Company A, which is a Singapore company, concluded a sales of goods contract with Company B, which is a German company. The contract
Question 1 Company A, which is a Singapore company, concluded a sales of goods contract with Company B, which is a German company. The contract was signed on 30 November 2019. Under the contract, Company B, as the seller, agreed to deliver a certain amount of sheet iron rolls (the goods) to Company A, as the buyer, on or before 30 June 2020. The contract also specified that the United Nations Convention on Contracts for the International Sale of Goods (CISG) is the governing law of the contract. Due to the outbreak of COVID-19, Company B was only able to deliver 50% of the goods to Company A on 30 June 2020. Company B requested for an extension of the delivery date and promised to deliver the rest of the goods on or before 31 December 2020. Company A agreed for the extension, but Company B failed to deliver the rest of the goods on 31 December 2020 due to a new wave of COVID-19 in Europe. (a) Based on your understanding of relevant provisions under the CISG, indicate three (3) possible remedies for Company A. (20 marks) (b) Advise one (1) possible defence for Company B under the CISG. (5 marks) Question 2 In the Report of the United Nations Conference on Trade and Development (UNCTAD) Secretariat on Bills of Lading, the UNCTAD identified the problems of the Hague Rules and the Hague-Visby Rules (the said Rules) and suggested that a reform was needed for the said Rules. Criticise the said Rules by focusing on five (5) legal problems of the said Rules. You should analyse the said Rules in your own words. Support your answer with reference to the appropriate provisions (if any) of the said Rules. (25 marks)
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