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Exercise international business law CISG

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Nội dung chi tiết: Exercise international business law CISG

Exercise international business law CISG

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Exercise international business law CISG over the internet. One of the products offered was antique book which normally retailed at USD 288. However, due to an error committed by his employe

e, the price of the book was altered to USD 88 on the website. Mr.Alvin was the owner of a shop in Singapore that sold antiques. He came to know of th Exercise international business law CISG

e book’s extraordinarily low price offered by the seller and placed orders through the internet for 200 copies. The transaction online took place in t

Exercise international business law CISG

he following manner: every time an order was placed by a buyer after filling up the requisite form, which included the furnishing of a valid credit ca

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Exercise international business law CISG a notice on an antique magazine saying that he would pay USD 2500 for an exceptional Han dynasty tomb pottery horse antique with authenticity certific

ate. The beautiful horse measures approximately 22 inches in height. Mr. Nguyen saw the notice in the magazine and he had a Han dynasty antique. Nguye Exercise international business law CISG

n had tried to make a new proposal in asking the seller whether a tomb pottery camel would do. Nam placed another advertisement in the newspaper offer

Exercise international business law CISG

ing a reward for the return stolen antiques and decided that it was better off spending that money on replacing the item. Advise Mr.Nam.You are requir

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Exercise international business law CISG n whether the mode of the online transaction described in the case constitutes a valid contract between the parties.Applicable law: Art. 14.2 CISG, Ar

t. 15.1 CISG, and Art. 18.1 C1SG.In this case, the website has offered for sale various antique products over the internet, including an antique book Exercise international business law CISG

whose price was altered to USD 88on the website. This is regareded as an invitation to make offers and when it reaches the buyer, it becomes an offer.

Exercise international business law CISG

When the buyers fill up the requisite form, it means that they have accepted the offer by conducting actions.Consequently, the mode of the online tra

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Exercise international business law CISG n.Applicable law: Art 126.1 Civil Code 2015According to Art 126.1 cc, in case a civil transaction was entered into by mistake causing one or both patt

ies fail to obtain their objectives, such as this, the mistaken party has the right to request the Court to deciare the civil transaction invalid.Ther Exercise international business law CISG

efore, Mr. Nam can defend the case by applying Art 126.1 as he was the mistaken party in this case.(iii)Examine the question of whether Mr.Nani's prop

Exercise international business law CISG

osal in case (b) is an offer and could lead to a contract.Applicable law: Art. 386 Civil Code 2015, Art. 14.2 CISG, and Art. 15.1 C1SGArt. 386 CC stat

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Exercise international business law CISG ffer made to another specific part}’ or the public..According to Art. 386 cc 2015, Mr. Nam’s proposal was clear enough to consider as an offer as it h

as shown Mr. Nam’s objectives to “pay USD 2500 for an exceptional 22 inches in height Han dynasty tomb pottery horse antique with authenticity certifi Exercise international business law CISG

cate” and his intention to enter in the contract. However, this proposal was published on an antique magazine and sent to all the readers of the magaz

Exercise international business law CISG

ine.Applying the Art. 14.2, the proposal could only be considered as an invitation to offer as it addressed more than one specific persons. In additio

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Exercise international business law CISG e regarded as an invitation to treat?Applicale law: Art. 14.2 CISG, Art. 14.1 CISGIn (he case of Mr. Nam, he placed a notice on an antique magazine as

an invitation to make offer for one and more specific persons who could pay for a Han dynasty tomb pottery horse antique. As a result, the proposal o Exercise international business law CISG

f Mr. Nam could be regarded as an invitation to treat.In the case of Mr. Nguyen, he tried to make a new proposal in asking the seller whether a tomb p

Exercise international business law CISG

ottery camel would do. Mr. Nguyen. The proposal was not clear as there are no specifications regarding the price to make possible offer with Mr. Nam.

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Exercise international business law CISG 18.1 CISGIn this case, Mr. Nam made an offer as he placed a notice on an antique magazine saying that he would pay USD 2500 for an exceptional Han dyn

asty tomb pottery horse antique with authenticity certificate. Mr. Nguyen rejected this offer since he had tried to make anew offer in asking Mr. Nam Exercise international business law CISG

whether a tomb pottery camel would do. Accordingly, Mr. Nam remained silent and conducted no actions to be considered acceptance.Consequently, there w

Exercise international business law CISG

as no contract made between Mr. Nam and Mr. Nguyen.(vi)Could Nani withdraw his offer to buy an exceptional Han dynasty tomb pottery horse antique for

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Exercise international business law CISG ons. Due to which, he could not make an withdrawal to each and every person who has read the magazine. However, he could make an rejection to any pote

ntial willing seller according to the Art. 17 CISG.Exercise 2.A seller in Hanoi and a Buyer in Ho Chi Minh city entered into the sale of yarn; however Exercise international business law CISG

, the quality of the yarn was poor and did not comply with the description in the contract.

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

Module: International Business LawExercise 1.a.Mr.Nam, a seller in Vietnam had established its own website to offer for sale various antique products

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