Lindell,Inc.,a U.S.company,and Halden,AG,a German company,entered into a contract under which Halden is to ship party supplies to Lindell.One of the terms of the contract states,"Any disputes that arise under this contract will be resolved in the courts of Germany." This contract term is:

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The contract term stating that any disputes arising under the contract will be resolved in the courts of Germany is a forum selection clause. This means that if any disputes arise between the parties, they will have to be resolved in Germany. This clause is usually enforceable as long as it is reasonable and not against public policy.