Key determinations for enforcement of private international agreements?

Key determinations for enforcement of private international agreements?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial discusses the key components of agreements, focusing on clauses that determine applicable laws, dispute resolution methods, and arbitration. It explains the importance of choice of law clauses, the role of the CISG, and the significance of arbitration clauses under the New York Convention. The tutorial also highlights the default rules that apply when specific clauses are absent and the considerations for enforcing disputes in international agreements.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of including a choice of law clause in an international agreement?

To set the duration of the agreement

To decide the applicable laws for resolving disputes

To specify the currency for transactions

To determine the language of the agreement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a default rule under the CISG?

Choice of arbitration location

Choice of applicable law

Choice of currency

Choice of language

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a form selection clause in an agreement determine?

The type of goods to be traded

The jurisdiction for resolving disputes

The currency for transactions

The language of communication

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which convention is often referenced in arbitration clauses for enforcing awards?

Geneva Convention

Vienna Convention

New York Convention

Paris Convention

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is typically included in an arbitration clause?

The type of goods involved

The language of the contract

The rules and arbitrator for disputes

The method of payment