1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erica [24]
3 years ago
9

Notren, Inc., a U.S. company, and SWT, a Singapore company, entered into a contract under which SWT is to ship party supplies to

Notren. One of the terms of the contract states, "Any disputes that arise under this contract will be resolved in the courts of Singapore." This contract term is a
Business
1 answer:
enyata [817]3 years ago
7 0

Answer:

Choice of forum clause.

Explanation:

In this scenario, Notren, Inc., a U.S. company, and SWT, a Singapore company, entered into a contract under which SWT is to ship party supplies to Notren.

In the contract agreement, one of the terms of states; "Any disputes that arise under this contract will be resolved in the courts of Singapore."

Hence, this contract term is a choice of forum clause.

A choice of forum clause can be defined as a contractual provision in a contract in which the involved parties stipulates the place of jurisdiction, choice of arbitrators, conciliators, or group of arbitrator or conciliators for any lawsuit, litigations, arbitration, or conciliation arising from the particular contract. In this case, the place of legal jurisdiction is the court of Singapore.

Additionally, a contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law. Also, mutual assent is a legal term which represents an agreement by both parties to a contract. Therefore, mutual assent connotes agreement, acceptance and consent to a contract by both parties.

This ultimately implies that, both Notren Inc. and SWT are in a contract as a result of mutual assent between the two (2) parties.

You might be interested in
In his 1935 book, Harold Laswell described politics as "Who Gets What When How." The American concept of pluralism, or group pol
KatRina [158]

Answer:

D) influencing decisions affecting one's life.

Explanation:

Pluralism is an American theory of governance that states that political power is controlled by several groups of people and not the citizens as a whole. These several groups of people constitute organizations, activists, environmentalists, and other impactful groups who seek recognition and acceptance from the populace and who make decisions that affect the citizens. One attribute of Pluralism is the fact that no single elite or groups of elites control decision making in governance.

The groups of people have powers that are limited in scope and regulated by competition with other groups. Moreso, these groups seek approval from the populace and that is why opinion polls, surveys, elections, etc., are carried out in order to ascertain which entities are more popular with the people.

4 0
3 years ago
High school definition of human resource management
telo118 [61]
The person in charge of staffing, employee payments/ benefits, and defining/ designing work<span />
7 0
3 years ago
Michael wong and sanjay patel, both lawyers, start a law firm together. both of them have unlimited liability for the debts of t
UNO [17]

The law firm that Michael Wong and Sanjay Patel started together is an example of general partnership. The general partnership is a way where partners have an arrangement of joining together in one business that will provide them unlimited liability in terms of the obligations in their partnership.

6 0
3 years ago
When the alternatives under consideration have only disbursements (service alternatives), the do-nothing alternative must be inc
Rom4ik [11]
Answer: False

Explanation:
When more than one alternative can be selected from those available, the alternatives are said to be mutually exclusive. In evaluating independent alternatives, each alternative is compared against the "Do Nothing" alternative.
For mutually exclusive alternatives, the do-nothing is a viable option when revenue alternatives are involved.
7 0
2 years ago
Which of the following is most likely to be addressed as “Dr.”?
velikii [3]

Answer:

A

Explanation:

That is most likely but it is steriotypical

4 0
3 years ago
Other questions:
  • A manager is holding a $1.2 million stock portfolio with a beta of 1.01. She would like to hedge the risk of the portfolio using
    6·1 answer
  • alex has to pay his car insurance twice a year. each payment is $312. how much money should alex budget for his insurance each m
    12·1 answer
  • ​refer to table 3-37. sarah and charles are both potters and each can switch between the production of vases and mugs at a const
    5·1 answer
  • Is there a company in a specific industry that can get by without having any customer service? If so, why and how does that make
    13·1 answer
  • Why do people feel more compelled to work with a leader who demonstrates responsibility
    15·1 answer
  • Match the different types of incomes to their sources.
    5·2 answers
  • Alexander hamilton proposed that the u.s place mild tariffs on imported goods in order to
    9·1 answer
  • One of the limitations for an entrepreneur of setting up a new business as a franchise is:
    12·1 answer
  • Scenario 4:
    15·1 answer
  • Better Houses, Inc. has been contracted to build an addition on the Joyners' house. It built half of the addition and then unexp
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!