A, a new york firm, sends a purchase order to b in sweden. a standard clause on the purchase order states that "all disputes are to be heard in the courts of new york." b confirms using its standard form, which states that "all disputes are to be resolved in arbitration before the icc, sweden." under the cisg:

In a "dutch auction" for new stock, individual investors place bids for shares directly. each potential bidder indicates the price he or she is willing to pay and how many shares he or she will purchase at that price. the highest price that permits the company to sell all the shares it wants to sell is determined, and this is the "market clearing price." all bidders who specified this price or higher are allowed to purchase their shares at the market clearing price. true false