If DroneTek Signs the Contract with BigBox,under What Grounds Could

question 22

Multiple Choice

If DroneTek signs the contract with BigBox,under what grounds could DroneTek ignore the clause requiring disputes to be resolved in an Illinois court.

• A)If DroneTek could show fraud in the attainment of the clause in the contract.
• B)If DroneTek could show the New York Convention applies.
• C)If DroneTek could show the Hague Evidence Convention applies.
• D)If DroneTek could show it had notice of the clause in the contract.
• E)If DroneTek could show there was no stream of commerce.

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Definitions:

Perfectly Competitive Eatery

A theoretical model where a restaurant operates in a market with many buyers and sellers, none of which can influence prices.

Breakfast Special

A promotional deal or menu option offered by restaurants specifically for breakfast meals, often at a reduced price.

Costs

The expenses or value sacrificed in the production or procurement of goods and services.

AVC

Average Variable Cost, which is the total variable costs divided by quantity of output produced.