A Choice of Law Clause Is a Mandatory Clause That

question 69

True/False

A choice of law clause is a mandatory clause that should be present in every international contract.

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Definitions:

Happiness

A state of well-being characterized by emotions ranging from contentment to intense joy.

Kant

Refers to Immanuel Kant, an 18th-century German philosopher known for his work in ethics, particularly the philosophy of duty and moral imperatives.

Commensurability

The principle or quality of being measurable or comparable in a certain way, especially with respect to values or units.

Utilitarianism

An ethical theory that posits that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.