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LEGISLATIVE HISTORY
CISG ANTECEDENTS
Match-up of CISG article 50 with ULIS provisions
CISG Article 50 ULIS Article 46
If the goods do not conform with Where the buyer has neither
the contract and whether or not the obtained performance of the
price has already been paid, the contract by the seller nor
buyer may reduce the price in the declared the contract avoided,
same proportion as the value that the buyer may reduce the price
the goods actually delivered had in the same proportion as the
at the time of the delivery bears to value of the goods at the time of
the value that conforming goods the conclusion of the contract has
would have had at that time. been diminished because of their
However, if the seller remedies lack of conformity with the
any failure to perform his contract.
obligations in accordance with
article 37 or article 48 or if the
buyer refuses to accept performance
by the seller in accordance with
those articles, the buyer may not
reduce the price.
Pace Law School Institute of
International Commercial Law
- May 22, 2001
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