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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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
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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