This Is Real Law. Invisible Ink: The Hidden Clause in Many International Sales Contracts

This Is Real Law. Invisible Ink: The Hidden Clause in Many International Sales Contracts

More U.S. businesses are potentially exposed to a risk that is barely known, and much less understood, by those that engage in international trade. Specifically, since the 1980s, the United States has been a signatory to a multilateral treaty that governs a broad range of global transactions. And according to one authority, that treaty—the United Nations Convention on Contracts for the International Sale of Goods (usually referred to by its abbreviation CISG and pronounced “sis-gee”)—remains “an under-studied … and somewhat esoteric body of law” among many in the U.S. legal profession.

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