A U.S.company decides to outsource a part of its operations to a Tokyo -based company.Both parties sign a contract specifying various terms of agreement.The contract includes a clause that specifies that any dispute or conflict arising during the contract period will be resolved based on the U.S.laws.What is this clause known as?
A) Statute of limitations clause
B) Non-waiver clause
C) Severability clause
D) Arbitration clause
E) Choice of law clause
Correct Answer:
Verified
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