________ is a clause in an international contract that designates which nation's laws will be applied in deciding a dispute arising out of the contract.

Question

Quizplus · Accepted Answer

A choice of law clause is specifically included in an international contract to provide clarity on which nation's laws will apply in case of a contractual dispute. This clause is significant as it helps in avoiding confusion and saves valuable time and resources that would otherwise be spent determining the law applicable to the dispute.

________ Is a Clause in an International Contract That Designates