Please use this identifier to cite or link to this item: http://dspace.cityu.edu.hk/handle/2031/8363
Title: A critical evaluation of methods for the calculation of interest rate under Article 78 of the United Nations Convention on Contracts for the International Sale of Goods (“CISG”)
Authors: Leung, Sze Lum (梁思臨)
Department: School of Law
Issue Date: 2014
Course: LW5551 Independent Research
Programme: Juris Doctor
Supervisor: Dr. Yang, Fan
Subjects: United Nations Convention on Contracts for the International Sale of Goods (1980 April 11)
Contracts (International law)
Interest.
Description: Book chapter developed from this OAPS paper: Leung, S. L. (2015). A critical evaluation of methods for the calculation of interest rate under Article 78 of the United Nations Convention on Contracts for the International Sale of Goods (“CISG”). In The Comparative Law Journal of the Pacific, Special Issue: 19. Trade development through harmonization of commercial law (pp.245-288). The New Zealand Association for Comparative Law.
Citation: Leung, S. L. (2014). A critical evaluation of methods for the calculation of interest rate under Article 78 of the United Nations Convention on Contracts for the International Sale of Goods (“CISG”) (Outstanding Academic Papers by Students (OAPS)). Retrieved from City University of Hong Kong, CityU Institutional Repository.
Abstract: Stipulating only the principle obligation to pay interest and being silent as to the rate of interest, Article 78 CISG is considered more conspicuous for the questions it fails to answer than those it answers. Great controversies can be found. With reference to Opinion No. 14 of the CISG Advisory Council, this paper critically evaluates methods to resolve the interest rate problem and the issue of compound interest, as an attempt to devise a satisfactory approach which promotes the goal of uniformity.
Appears in Collections:OAPS - School of Law

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