________ Is a Clause in an International Contract That Designates

question 78

Multiple Choice

________ is a clause in an international contract that designates which nation's laws will be applied in deciding a dispute arising out of the contract.

• A) The Equal Protection Clause
• B) The Supremacy Clause
• C) A forum-selection clause
• D) A choice of law clause

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Definitions:

Revenue Forecast

An estimate of the amount of money a company will generate from sales in a future period.

Cost Ratio

The measure of the costs associated with a financial transaction or an investment, relative to its benefits or returns.

Planning Assumptions

Presumptions or hypotheses used as a base for strategic planning and decision making within an organization.

Financial Results

The outcome of a company's financial activities and performance over a specified period, including revenues, net income, and earnings per share.