Asked by Neisha Dressler on May 01, 2024
Verified
Because the Convention on Contracts for the International Sale of Goods incorporates a Statute of Frauds provision, most nations require contracts to meet certain writing requirements to be enforceable.
Convention on Contracts
Refers to international agreements or treaties that set out the rules governing contracts, especially those that have cross-border implications.
Statute of Frauds
A legal concept that requires certain types of contracts to be written and signed by the parties involved to be legally enforceable.
- Understand the significance of the Uniform Commercial Code (UCC) in establishing the documentation necessities for sales agreements.
Verified Answer
DS
Dylan SpeicherMay 05, 2024
Final Answer :
False
Explanation :
The Convention on Contracts for the International Sale of Goods (CISG) does not incorporate a Statute of Frauds provision that requires contracts to be in writing to be enforceable. The CISG allows for contracts to be made in any form, including orally, unless the parties have agreed otherwise.
Learning Objectives
- Understand the significance of the Uniform Commercial Code (UCC) in establishing the documentation necessities for sales agreements.
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