Economics Flashcards
1
Q
What rights apply to a sale of good where the the goods bears a material defect by the time risk is passed?
A
the following rights could apply:
- Cure–§§437No.1,439I
- Revocation
— If cure would be possible – §§ 437 No. 2, 440, 323 I
— If cure is impossible – §§ 437 No. 2, 326 V
- Reduction of purchase price – § 437 No. 2, 441 I
- Damages (in lieu of performance)
— If cure would be possible – §§ 437 No. 3, 280 I, III, 281
— If cure is impossible – ex post impossibility – §§ 437 No. 3, 280 I, III, 283
— If cure is impossible – ex ante impossibility – §§ 437 No. 3, 311a II
2
Q
Rights of the buyer
A
§§ 437 BGB
3
Q
Passing of risk and of charges
A
§§ 446