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social science subjects > law > civil law > business law > choice of forum clause

Preferred term

choice of forum clause  

Definition

  • As global trade increases so does the number of contracts between parties in different countries. If, as may easily happen, a dispute arises out of a contract it is very important to both parties to know which court or body has the authority to decide that dispute. [Source: Encyclopedia of Business in Today's World; Choice of Forum Clause]

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URI

https://concepts.sagepub.com/social-science/concept/choice_of_forum_clause

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