Under the United Nations Convention on Contracts for the International Sale of Goods (CISG), buyers have the right to receive goods that conform to the contract in terms of quality and quantity, and they are obligated to pay the agreed price in a timely manner. Sellers, conversely, have the right to receive payment for the goods sold and are obligated to deliver the goods as specified in the contract. Both parties must act in good faith and perform their contractual duties, with remedies available for breaches of these obligations. The CISG aims to provide a uniform framework for international sales, promoting fairness and predictability in cross-border transactions.
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