Question Which of the following is a similarity between the
Question: Which of the following is a similarity between the Uniform Commercial Code (UCC) and Convention on the International Sale of Goods (CISG)?
a. Both recognize express warranties and implied warranties of merchantability.
b. Both require that all the parties to a sales transaction be residents of the United States.
c. Both ask for notice of nonconforming goods.
d. Both require that contracts for the sale of goods in excess of $500 be in writing.
Solution
Under the UCC, the most frequently cited warranty is the implied \'warranty of merchantability\' which protects a buyer where the goods fail to conform to the normal commercial standards. It allows the buyer reasonably to rely upon a knowledgeable seller.
The UCC provides both express warranties and implied warranties. In contrast, the Convention does not use the word \'warranty\' but provides similar obligations.
Thus answer is
Both recognize express warranties and implied warranties of merchantability.
