Contractual Liabilities under the instruments of CISG, UNIDROIT and PECL
The rising volumes of international trade and the globalisation trends contributing to it have made it necessary for increased regulations in international sales. The UN Convention of Contracts for the International sale of Goods (CISG) was put into effect as early as 1980. CISG was the culmination of efforts originating from the 1964 Hague Conventions of Uniform Law on the International Sale of Goods (ULIS) and the Uniform Law on the Formation of Contracts for the International Sale of Goods (ULF)...
