Law · International Commercial Law
Ben Co (based in a contracting state) enters into a contract to supply 500 precision valves to Cryant Ltd. Ben Co delivers the valves two weeks earlier than the date specified in the contract. Cryant Ltd's warehouse is currently full, and accepting the delivery now would incur significant additional storage costs. Under the UN Convention on Contracts for the International Sale of Goods (CISG), which of the following is correct regarding Cryant Ltd's obligations?
- 1Cryant Ltd is under a mandatory obligation to take delivery as the goods have been tendered
- 2Cryant Ltd must refuse delivery to preserve their right to claim damages for breach of contract
- 3Cryant Ltd has the discretion to either take delivery or refuse to take delivery until the date specified in the contract✓
- 4Cryant Ltd must accept the delivery but can automatically reduce the contract price by the amount of extra storage costs
Correct answer
Cryant Ltd has the discretion to either take delivery or refuse to take delivery until the date specified in the contract
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