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Sale of goods

Sale of goods. American Business Law LiU Fall term 2013. UCC v. CISG. Uniform Commercial Code: Attempts to harmonize laws across the 50 states Article 2 adopted by all states except for Louisiana (with variations) Covers domestic sales

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Sale of goods

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  1. Saleofgoods American Business Law LiU Fall term 2013

  2. UCC v. CISG Uniform Commercial Code: Attempts to harmonize laws across the 50 states Article 2 adopted by all states except for Louisiana (with variations) Covers domestic sales Article 2 only applies in transactions in goods §2-102 Convention on the International SaleofGoods: Applicablewhen a salescontract has beenformed B2B, in countrieswhichhaveratified the CISG. Both US & Sweden haveratified the convention Voluntaryapplication- choice oflawrulesare valid ”The provisions of the Uniform Commercial Code as adopted by the stateof New York and not the Convention on Contracts for the International SaleofGoods, apply.” CISG §

  3. UCC v. CISG Differences: UCC/CISG Are offers revocable or irrevocableaccordingto the two legal sources? Does the acceptancehaveto be a mirror image of the offer accordingtoboth legal sources? Aremodifications part of the contract/not part of the contractaccordingto the two legal sources? Is there a statuteoffrauds in both legal sources?

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