Subrogating Under an International Sales Contract: Which Law Applies?

Subrogating Under an International Sales Contract: Which Law Applies?

5 Responses | Created by PamelaPengelley |

Determining the proper law of an international sales contract can be a tricky proposition. Subrogation professionals may be surprised to learn that the law is not always what it appears to be. Test your knowledge with the following quiz:

  1. 1

    A U.S. company, Acme Co., buys equipment from a Chinese company, China-Corp. The sales contract states: "This contract will be governed by the law of the State of Tennessee." Which law applies?

  2. 2

    The same U.S. company, Acme Co., then purchases a piece of equipment from a German company, German-Corp. The sales contract states: "This contract will be governed by German law." Which law applies?

  3. 3

    Acme Co. then buys equipment from Canadian company, Canuck Corp. The contract states: "This contract is governed by and subject to the law of the province of Ontario." Which law applies?

  4. 4

    Finally, Acme Co. purchases a piece of equipment from U.K. company, Britania-Inc. The contract states: "This contract is governed by and subject to the law of New York." Which law applies?

Similar Quizzes

Users Also Took

Rating

0 votes
Take this first to vote!

Add to Favorites

Tags

© 2012 Miva AK, Inc.