Answer in Chinses the following questions after you read the cases.You must answer them prexisely to the point,Put forward the various basic principles of international trade law to support your argument.
Case1 On Julu 10,a Chinese company sent an offer by telex to an American company:selling 300 tons coffee beans,each metric ton at the price of USD 1,900CIF New York,firm offer standing for 2 weeks.On July 22,the Chinese company leaned that the price of coffee beans on the international market has raised by 30%.Just only on the morning lf July 22,the US company telexed back an acceptance.
1)Can the Chinese company raise the price of coffee beans from USD 1,900 per ton to USD 2,500 per ton？
2)Dose the offer have legal binding force towards the offer (the Chinese company)？
In this case,can the offerer withdraw his offer？
Case 2 On November 10,1990,A(a Chinese forergn trade company,the seller and B(an American company,the buyer)reached an agreement in terms of price,quantity,quality,payment and shipment of certain product by exchange of fax between them.Tow days later,A,as usual,mailed aletter of comfirmation to B and asked B to return the letter having it signed,B found that the price in this letter was somewhat different from that had been during the process of communication. So B refused to sign the letter of comfirmation and asked A to deliver the on.So B refused to sign the letter of confirmation and asked A to deliver the goods according to the terms as previously settled by fax.A held that it was under no obligation to supply the goods since they haven''t entered into a formal contract in accordance with the Law of Foreign Economic Contract of China and international practice
1)What is the main issue in this case？
2)If A brought the case before a Chinese people''s court and if you were the judge in handling the case ,how would you choose the applicable law to resolve the dispute？
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