International sales-credits and the commercial transaction

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Reference no: EM13974931

Part Two of your textbook covers chapters four through seven and is titled "International Sales, Credits, and the Commercial Transaction." Please answer the following parts to this question:

a. Describe the Convention on Contracts for the International Sale of Goods (CISG) and explain why it is important to global business.

b. In your opinion, are the international conventions limiting liability for air and sea carriers (Montreal and COGSA) fair or should international passengers and shippers be entitled to the full range of remedies available under U.S. , Asian or European domestic laws?

Please answer detail as much as possible

Reference no: EM13974931

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