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How can the parties to a contract create certainty regarding which country's laws will apply to disputes between the parties?

A. Include a choice of law clause.
B. Include an arbitration clause.
C. Include a choice of venue clause.
D. Include a force majeure clause.



Answer :

GinnyAnswer

Final answer:

To create certainty in contractual disputes regarding applicable laws, include specific legal clauses like choice of law, arbitration, choice of venue, and force majeure clauses.


Explanation:

Creating certainty regarding which country's laws will apply to disputes between parties in a contract involves incorporating specific legal clauses:

  1. Choice of Law Clause: This clause specifies which country's laws will govern the contract.
  2. Arbitration Clause: This clause outlines that any disputes will be resolved through arbitration, not litigation.
  3. Choice of Venue Clause: Determines the location where any legal proceedings will take place.
  4. Force Majeure Clause: Addresses unforeseeable circumstances that may prevent parties from fulfilling their contractual obligations.

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