Describe dispute resolution method of litigation arbitration

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Reference no: EM133619166

Assignment:

Please read this article and answer the 6 questions below, article link: United Nations Convention on Contracts for the International Sale of Goods

1. In a domestic and international trade a company needs several documents Mention three which are used both in domestic and international trade. Answer as well who will give a document and what is a main information included.

2. A sale contract consists off several topics which should be agreed Mention three aspects related to practicalities.

3. A sale contract consists of several topics which should be agreed. Mention three which are related to legal aspect.

4. A company from Peru has paid in advance 15% of the sale price for company B in Denmark, when the contract has been signed 1.2.2023.

The rest of the payment has been agreed to paid, when the goods have arrived the port of Lima, by 28.2.2023. Duc the hard storms the goods arrived the port of Lima on 10.3.2023.

1) Analyze the possible legal actions the buyer can take according to GISG on the basis of the delay.

2) Describe the essential elements of a delay clause.

5. Explain the liabilities of the previous case

1) if there is incoterms FOB

2) If there is incoterms DAP

6. Describe the dispute resolution methods of the litigation arbitration and mediation in international trade, Analyze the pros and cons of the methods.

Reference no: EM133619166

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