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What is CISG Contract Formation Explained about?
The document discusses the formation of contracts under the United Nations Convention on Contracts for the International Sale of Goods (CISG). It covers the key elements of offer, acceptance, and formation. Specifically: 1) An offer must be sufficiently definite, indicate intent to be bound if accepted, and be made to specific persons. It becomes effective upon reaching the offeree. An offer can be revoked before acceptance but not if deemed irrevocable. 2) Acceptance is an expression of agreement to the
- Author
- Simina Durac
- Language
- EN