The realities of international marketplace and the recognition of the importance reducing uncertainty have persuaded many courts:
I.To accept choice of law and forum clauses in international contracts
II.To require mandatory arbitration clauses in international contracts

Question

Quizplus · Accepted Answer

Courts have increasingly accepted choice of law and forum clauses in international contracts as a means to reduce uncertainty and respect the parties' autonomy in deciding how their disputes will be resolved. However, courts do not generally require mandatory arbitration clauses; instead, they respect such clauses when the parties have agreed to them.

The Realities of International Marketplace and the Recognition of the Importance