Summary - 1st day

What are the most typical obligations of the seller in the contract of sale?

• only transfer the ownership of the goods

• transfer the ownership of the goods and release of the goods (delivery)

• only release of the goods (delivery)

• only payment of the price

What is a symbolic delivery?

• the handing over of the goods themselves

• transfer of the right to possession of goods which are in the physical custody of a third party

• handing over something which symbolises the goods

• transfer of the owenerhips of the goods

Future goods are:

• only goods to be manufactured

• only goods to be acquired by the seller

• for example goods to be manufactured

• all movables

Which of these items are goods?

• animals in the wild state

• electricity

• computer software

• ships

The rule 'Nemo plus iuris ad alium transferre potest quam ipse habet' means:

• one cannot transfer to another more rights than they have

• one may transfer to another more rights than they have

• no one can give what they do not have

• sometimes one can give what they do not have

The court of the specific country dealing with the case:

• may be obliged to apply foreign law

• may not be obliged to apply foreign law

• may be obliged to apply foreign law only if it is imposed by the international treaty

• always applies the domestic law

The EU regulation on the law applicable to contractual obligations is called:

• Rome I

• Rome II

• Brussels I

• Brussels II

As a rule the parties of the contract:

• may choose the law which governs the contract but only applicable to the whole contract

• may not choose the law which governs the contract

• may choose the law which governs the contract applicable to the part of the contract

• may choose the law which governs the contract only if it is allowed under the specific provision

If the parties have not chosen the applicable law, a contract for the sale of goods is governed by:

• the law of the country where the buyer has his habitual residence

• the law of the country where the goods are delivered

• the law of the country where the seller has his habitual residence

• the law of the country where the contract is concluded

The law applicable to a contract by virtue of the regulation Rome I governs in particular:

• interpretation

• performance

• the consequences of nullity of the contract

• the jurisdiction