Manju Lives in Vancouver and Would Like to Take Advantage

question 24

Multiple Choice

Manju lives in Vancouver and would like to take advantage of a business opportunity to import finished saris from a tailoring company in Fiji. In order to avoid the possibility of a dispute between herself and the tailoring company ending up in a Fijian court, she should

• A) make no reference to the agreement to the contract being subject to the laws of Fiji.
• B) make reference in the agreement to disputes between the parties being resolved by binding arbitration before an arbitrator in Vancouver.
• C) make no reference to any dispute settlement mechanism in the agreement with the Fijian company.
• D) make no reference in the agreement to the contract being subject to the law of Canada.
• E) make reference in the agreement to the contract being subject to the laws of British Columbia.

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Definitions:

Foreign Investment

Investment by individuals, companies, or governments in assets or businesses located in another country.

Swiss Francs

The currency of Switzerland, known for its strength and stability.

Exchange Rate

The price at which one currency can be exchanged for another, affecting international trade and economics.

Imported Swiss Box Of Chocolates

A product category involving chocolates that have been produced in Switzerland and then imported into another country.