Gift Importers has a contract with a Philippine government exporting agency for the purchase of numerous handmade artefacts.Since neither party was comfortable having the courts of the other party's country adjudicate any disputes between them,the contract contains a clause that identifies the procedure by which a third party acceptable to both would settle any disputes.
-In order to protect itself from an after-the-fact application of Philippine law that,for example,would remove or alter some of the protections for Gift Importers in the contract,Gift Importers should insist on a clause by which the third party that is to resolve disputes would operate in a country other than Canada or the Philippines and under internationally recognized rules.
Correct Answer:
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