What is a key characteristic of the UN Convention on Contracts for the International Sales of Goods?

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Study for the CGBP Test. Prepare with flashcards and multiple choice questions — each question has hints and explanations. Get ready for your exam!

The key characteristic of the UN Convention on Contracts for the International Sales of Goods (CISG) is that it is meant to provide a uniform framework for international sales contracts, but it has not been universally adopted or applied. While it has been established and ratified by a significant number of countries, it has not achieved universal acceptance. Some major countries have chosen not to adopt the CISG, which limits its effectiveness as a truly global legal framework for international sales.

The implications of this characteristic are significant, as businesses engaged in international trade must be aware of the legal framework governing their contracts, particularly if parties come from jurisdictions that are not signatories to the CISG. This means that the lack of universal acceptance can lead to complications or variations in how international sales contracts are governed based on the local laws of non-signatory countries.

The other options incorrectly suggest that the convention has either widespread enforcement capabilities or limits the scope of its application, which do not accurately reflect the nature of the CISG's acceptance and effectivity on a global scale.

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