Passing of Risk in Convention on the International Sale of Goods
Open Access
- 21 June 2021
- journal article
- Published by Vilnius University Press in Teisė
- Vol. 119, 173-180
- https://doi.org/10.15388/teise.2021.119.11
Abstract
Passing of risk is an indispensable issue of contract of sale transactions. It determines which party bears the loss or damage of goods. This issue is more important in international commercial transactions than in national contract of sale transactions. Therefore, CISG lays down rules on passing of risk. CISG Articles 66–70 regulate passing of risk provisions. The purpose of this paper is to analyse CISG Articles 66–70.Keywords
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- The CISGPublished by Walter de Gruyter GmbH ,2007
- Towards a Universal Doctrine of Breach of Contract: The Impact of the CISGInternational Review of Law and Economics, 2005