What Should Cecelia Do If She Wants Some Additional Protection

question 33

Multiple Choice

What should Cecelia do if she wants some additional protection to guarantee that any dispute with international business will be resolved in her state in the U.S.?

• A)She should put a choice of law provision in the contract.
• B)There is nothing she can do.
• C)She should put a Hague clause in the contract.
• D)She should put a choice of general jurisdiction clause in the contract.
• E)She should put a forum selection agreement clause within the contract.

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Definitions:

Shares

Financial instruments representing ownership in a corporation or asset, designed to split dividends equally among holders when profits are made.

Annual Dividend

The total dividend payment a shareholder receives from a company or investment fund in one year.

Total Dollar Return

The overall financial benefit received from an investment, considering both capital gains and income such as dividends or interest.

Shares

Units of ownership interest in a corporation or financial asset that provides for an equal distribution in any profits, if any are declared, in the form of dividends.