(Answered) CISG has been ratified by many countries andprovides a set of uniform rules governingforeign…

➤ When does the CISG not apply?
The CISG does not cover consumer sales, auctions, sales of stocks, ships, aircraft, electricity, or contracts primarily for services. It also excludes matters like advertising rules, foreign exchange policy, and foreign direct investment. Parties may also exclude the CISG by agreeing on a different governing law.