Biebers Corporation, a company incorporated in Canada contracted to deliver 1000 barrels of oil to Linguinea,...

 

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Biebers Corporation, a company incorporated in Canada contracted to deliver 1000 barrels of oil to Linguinea, a company based in France for $14,000. When the oil arrived, 975 barrels complied fully with the contract description. 25 barrels are contaminated and unacceptable. Oil in comparable barrels was available in the local market for a price of $18 a barrel in 25-barrel lots. Biebers Corporation offered not to charge Linguinea for the barrels. Is there a contract under the CISG? Advise whether there is any payment due to the Biebers as the seller? Biebers Corporation, a company incorporated in Canada contracted to deliver 1000 barrels of oil to Linguinea, a company based in France for $14,000. When the oil arrived, 975 barrels complied fully with the contract description. 25 barrels are contaminated and unacceptable. Oil in comparable barrels was available in the local market for a price of $18 a barrel in 25-barrel lots. Biebers Corporation offered not to charge Linguinea for the barrels. Is there a contract under the CISG? Advise whether there is any payment due to the Biebers as the seller?

Answer rating: 100% (QA)

For a valid contract under the CISG there should be an intent for the acceptance ... View the full answer