International Sales Law - Exam 2004

QUESTION 1

Your client, Artic Aqua AS, Tromsø, is a Norwegian brewery that produces bottled water from the glaciers in the Svalbard. The water is melted from the glaciers in a production facility in the Svalbard and transported to Tromsø for bottling. During the past three months, the Artic Aqua AS have been engaged in contract negotiations for a 10-year supply contract with a British wholesale firm, The Chain Ltd., London, for supply of their Artic Aqua-water. The negotiations have succeeded to the point where the parties agree to the initial quantity of Artic Aqua-water to be supplied (1000 bottles per month the first year), the final quantity to be supplied during the last five years of the contract period (8000 bottles per month) as well as the price to be paid (5 NOK per bottle) for Artic Aqua-water. Artic Aqua AS is to make the first months delivery by 01.07.2004. The Chain Ltd has asked Artic Aqua AS to present a draft of the contract.

Artic Aqua AS have turned to you to ask you to prepare a draft of the contract. They want you to draft the contract for the supply of the Artic Aqua-water. Provide a draft for the contract and advice the Artic Aqua AS of the problems that they need to regulate with help of contract terms and explain the solutions to those problems that you propose.

QUESTION 2

Discuss the duty to mitigate damages in international sales law.



Course Syllabus 2004

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