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Q 79-3 a) At which point in time must the impediment occur in order to fall under Art. 79 CISG? b) Does Art. 79 CISG also apply if the impediment already existed at the time of conclusion of the contract? Why or why not? Q 79-4 Decide whether the defaulting party is exempt in the following cases: • an import ban released by the government of the state where the buyer has its place of business hinders the buyer’s taking over the goods. • the buyer does not pay the purchase price because of inadequate reserves of currency that is freely convertible into the currency of payment; this situation does not appear on the exhaustive list of excusing circumstances catalogued in the written contract’s force majeure clause. • extraordinary financial difficulties of the supplier lead to a disruption of production.
DOI link for Q 79-3 a) At which point in time must the impediment occur in order to fall under Art. 79 CISG? b) Does Art. 79 CISG also apply if the impediment already existed at the time of conclusion of the contract? Why or why not? Q 79-4 Decide whether the defaulting party is exempt in the following cases: • an import ban released by the government of the state where the buyer has its place of business hinders the buyer’s taking over the goods. • the buyer does not pay the purchase price because of inadequate reserves of currency that is freely convertible into the currency of payment; this situation does not appear on the exhaustive list of excusing circumstances catalogued in the written contract’s force majeure clause. • extraordinary financial difficulties of the supplier lead to a disruption of production.
Q 79-3 a) At which point in time must the impediment occur in order to fall under Art. 79 CISG? b) Does Art. 79 CISG also apply if the impediment already existed at the time of conclusion of the contract? Why or why not? Q 79-4 Decide whether the defaulting party is exempt in the following cases: • an import ban released by the government of the state where the buyer has its place of business hinders the buyer’s taking over the goods. • the buyer does not pay the purchase price because of inadequate reserves of currency that is freely convertible into the currency of payment; this situation does not appear on the exhaustive list of excusing circumstances catalogued in the written contract’s force majeure clause. • extraordinary financial difficulties of the supplier lead to a disruption of production.
ABSTRACT
Q 79-3 a) At which point in time must the impediment occur in order to fall under
Art. 79 CISG? b) Does Art. 79 CISG also apply if the impediment already existed at the
time of conclusion of the contract? Why or why not?