Contracts for the international sale of goods with open-price terms: An interplay between arts. 14 and 55 CISG

This paper examines the relationship between Arts. 14 and 55 of the United Nations Convention on Contracts for the International Sale of Goods (CISG). According to Art. 14(1) CISG for the valid offer it is necessary that the price of the goods is at least determinable. On the other hand, Art. 55 CIS...

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Main Author: Fišer-Šobot Sandra
Format: Article
Language:English
Published: University of Belgrade, Faculty of Law, Belgrade, Serbia 2018-01-01
Series:Anali Pravnog Fakulteta u Beogradu
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2018/0003-25651801180F.pdf
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author Fišer-Šobot Sandra
author_facet Fišer-Šobot Sandra
author_sort Fišer-Šobot Sandra
collection DOAJ
description This paper examines the relationship between Arts. 14 and 55 of the United Nations Convention on Contracts for the International Sale of Goods (CISG). According to Art. 14(1) CISG for the valid offer it is necessary that the price of the goods is at least determinable. On the other hand, Art. 55 CISG presuposes that the contract can be valid even if the price is neither determined nor determinable. Linguistic interpretation of those provisions shows contradiction and the controversy stems from demand from Art. 14(1) CISG for sufficiently definite price and open-price rule from Art. 55 CISG. The relationship between those provisions, if any, is widely discussed in theory. The author analyzes possible approaches advocated by scholars and attempts to resolve this contradiction.
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issn 0003-2565
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language English
publishDate 2018-01-01
publisher University of Belgrade, Faculty of Law, Belgrade, Serbia
record_format Article
series Anali Pravnog Fakulteta u Beogradu
spelling doaj-art-3919d39736f0421eaded22a82ddee99d2025-08-20T03:10:03ZengUniversity of Belgrade, Faculty of Law, Belgrade, SerbiaAnali Pravnog Fakulteta u Beogradu0003-25652406-26932018-01-0166118019810.5937/AnaliPFB1801180F0003-25651801180FContracts for the international sale of goods with open-price terms: An interplay between arts. 14 and 55 CISGFišer-Šobot Sandra0https://orcid.org/0000-0001-9591-0637Pravni fakultet Univerziteta u Novom Sadu, SerbiaThis paper examines the relationship between Arts. 14 and 55 of the United Nations Convention on Contracts for the International Sale of Goods (CISG). According to Art. 14(1) CISG for the valid offer it is necessary that the price of the goods is at least determinable. On the other hand, Art. 55 CISG presuposes that the contract can be valid even if the price is neither determined nor determinable. Linguistic interpretation of those provisions shows contradiction and the controversy stems from demand from Art. 14(1) CISG for sufficiently definite price and open-price rule from Art. 55 CISG. The relationship between those provisions, if any, is widely discussed in theory. The author analyzes possible approaches advocated by scholars and attempts to resolve this contradiction.https://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2018/0003-25651801180F.pdfinternational sale of goodsofferpriceopen-price contracts
spellingShingle Fišer-Šobot Sandra
Contracts for the international sale of goods with open-price terms: An interplay between arts. 14 and 55 CISG
Anali Pravnog Fakulteta u Beogradu
international sale of goods
offer
price
open-price contracts
title Contracts for the international sale of goods with open-price terms: An interplay between arts. 14 and 55 CISG
title_full Contracts for the international sale of goods with open-price terms: An interplay between arts. 14 and 55 CISG
title_fullStr Contracts for the international sale of goods with open-price terms: An interplay between arts. 14 and 55 CISG
title_full_unstemmed Contracts for the international sale of goods with open-price terms: An interplay between arts. 14 and 55 CISG
title_short Contracts for the international sale of goods with open-price terms: An interplay between arts. 14 and 55 CISG
title_sort contracts for the international sale of goods with open price terms an interplay between arts 14 and 55 cisg
topic international sale of goods
offer
price
open-price contracts
url https://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2018/0003-25651801180F.pdf
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