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1.
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2 mins • 1 pt
The expression which refers to a standard of conduct characterized by honesty, openness and consideration for the interests of the other party to the transaction or relationship in question. It is, in particular, contrary to this for a party to act inconsistently with that party’s prior statements or conduct when the other party has reasonably relied on them to that other party’s detriment (according to the DCFR)
2.
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2 mins • 1 pt
A person that in the course of a business or other regular activity maintains securities accounts for others or both for others and for its own account and is acting in that capacity (according to the Hague Convention 2006)
3.
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2 mins • 1 pt
A reply to an offer which purports to be an acceptance but contains additions, limitations or other modifications (according to the CISG 1980)
4.
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2 mins • 1 pt
Any article or vehicle carried by carrier under a contract of carriage, excluding (a) articles and vehicles carried under a charter party, bill of lading or other contract primarily concerned with the carriage of goods goods, and (b) live animal (according to the PAL Convention)
5.
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2 mins • 1 pt
An unconditional instruction , in any form by a sender to a receiving bank to place at the disposal of a beneficiary a fixed or determinable amount of money if (i) the receiving bank is to be reimbursed by debiting an account of, or otherwise receiving payment from, the sender, and (ii) the instruction does not provide that payment is to be made at the request of the beneficiary (according to the UNCITRAL Model Law on International Credit Transfers 1992)
6.
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2 mins • 1 pt
The court which has given the judgement the recognition of which is invoked or enforcement of which is sought (according to the Brussels Ibis Regulation)
7.
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2 mins • 1 pt
A remuneration payable to the carrier for the carriage of goods under a contract of carriage (according to the Rotterdam Rules 2008)
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