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State whether the following statements are TRUE or FALSE ; & give REASON for your answer. (E.g. True because....). (9) Under the
State whether the following statements are "TRUE" or "FALSE"; & giveREASON for your answer. (E.g.True because....).
(9) Under the CISG, damages for breach of contract by one party do not include loss of prot suffered by the other party as a consequence of the breach. (2 marks) I b (10) According to the CISG, when a contract is for sale of goods by description, a slight breach may be treated as a fundamental breach. (2 marks) (11) According to the CISG, when one party clearly sees that the other contracting party will either not perform a substantial part of the contract, this is an avoidance. (2 marks) (12) Under the C156, if the contract requires the seller to deliver the goods to a carrier at a named place, who will then carry the goods to the buyer, the risk of loss passes to the buyer at the place where the contract is concluded. (2 marks)Step by Step Solution
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