The effectiveness of the buyer's right to reduce the price - a study in the provisions of Article 50 of the United Nations Convention on the International Sale of Goods - Vienna 1980

Abstract

Price reduction is one of the monetary remedies of civil law and Vienna sales
convention(article 50 of CISG1980) as an unilateral right for the buyer when the
seller is deliver the goods which nonconformity with the contractual terms and
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the international commercial it has been adopted by the international commercial
arbitral to preserve the bargain that have great importance in the commercial
transactions in order to repeat the contractual balance between the parties in case
of breach of contract by deliver goods noncomfomity to conditions of contract of
international sale and prevent avoidnce of the contract.