Under U.S. law, in international contracts, the parties can agree on how and where their disputes will be resolved and which law will apply, as long as the place and the law selected bear some relationship to the nature of the contract and its place of performance. True or False?

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Under U.S. law, in international contracts, the parties can agree on how and where their disputes will be resolved and which law will apply, as long as the place and the law selected bear some relationship to the nature of the contract and its place of performance. True or False?

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True, according to the US international trade, the parties can decide the place and the law that is going to apply at the time disputes.

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