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SOPHIA LEARNING BUSINESS LAW UNIT 2 MILESTONE 2 2021

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Zahra and Joseph sign a contract worth $1,000. When Zahra breaks the contract, Joseph loses the $1,000. Nominal damages • Incidental damages • Restitution • Compensatory damages ... Which type of monetary award does Joseph receive if he is later awarded $1,000? CONCEPT Monetary Awards 2 Select the true statement about the Convention on Contracts for the International Sale of Goods (CISG). CONCEPT Its purpose is to unify contract law among countries to facilitate international trade. • It governs international sales contracts for all countries in the world. • It governs the international sale of services in addition to goods. • Parties to the Convention must re-approve the treaty every five years [Show More]

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