CIPS Exam A8 Topic 1 Question 53 Discussion

Actual exam question for CIPS's A8 exam

Question #: 53
Topic #: 1

In an international contract, if no choice of legal system is specified in the contract, which of the following is the general principle of international trade?

AThat the legal system to be used will be that of the buyer's country

BThat the legal system to be used will be that of the supplier's country

CThat the legal system to be used will be that of a country, not involved with the contract, specified by the international court

DThat the legal system to be used will be that of the country with which the performance of the contract is most closely associated.

Show Suggested Answer

Suggested Answer: B

by Tyra at Mar 06, 2024, 06:51 AM

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Anissa

20 hours ago

I disagree, I believe it should be that of the supplier's country.

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Georgeanna

2 days ago

I think the general principle is that the legal system used will be that of the buyer's country.

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