Select all that apply A choice-of-law clause will generally be enforced when: there is an amount in controversy over $75,000 there is some connection to the location of the transaction there is some connection to one of the parties to the dispute there is some substantial nexus to an out of state party
Select all that apply A choice-of-law clause will generally be enforced when: there is an amount in controversy over $75,000 there is some connection to the location of the transaction there is some connection to one of the parties to the dispute there is some substantial nexus to an out of state party
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Select all that apply
A choice-of-law clause will generally be enforced when:
there is an amount in controversy over $75,000
there is some connection to the location of the transaction
there is some connection to one of the parties to the dispute
there is some substantial nexus to an out of state party
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