The Best Means of Establishing the Proper Law for an International

question 14

Multiple Choice

The best means of establishing the proper law for an international contract is

• A)to accept the same country where the contract would be submitted for arbitration.
• B)for the parties themselves to make express provision.
• C)for the parties to leave it by default to the country of signing.
• D)for the parties to leave it up to the rules of the court of jurisdiction.
• E)for the parties to make it subject to a "neutral" law.

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Definitions:

Sample Variance

A measure of the dispersion of a set of data points in a sample population, calculated by taking the mean of squared deviations from the sample mean.

Sample Standard Deviation

A measure of the dispersion or spread of data points in a sample from its mean.

Hypotheses

Testable statements or predictions, often derived from a theoretical framework, that can be tested through empirical research.

Sample Mean

The average of a subset of a larger population, used to estimate the population mean.