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What is Understanding Preponderance in Contracts about?

The document discusses the meaning and criteria for determining if a contract is preponderantly for goods or services under the CISG. It states that the primary consideration is a comparison of the economic value of the goods and services obligations, and that this should significantly exceed 50% for the goods obligations. It also notes that the intentions of the parties based on contractual documents and negotiations must be taken into account. The document then analyzes a specific SLA and concludes that t

Author

Jose Angelo David

Language

EN