Answer:
Jurisdiction Clause
Explanation:
Jurisdiction clause is a clause in the agreement between two nations as to which country's court can hear any cases that occurs from the agreement.
This means that if for example, France and Germany have an agreement on a certain issue, let's say watch business, France and German will then decide which country's court(maybe French court or German court) can hear any issue that arises from the watch business ; but not the two.
Cheers.
Answer:
A Jurisdiction Clause
Explanation:
A clause in an international contract that designates which country's court has jurisdiction to hear a case arising out of the contract is called a jurisdiction clause.
International contracts between parties usually involve more than one country as the various parties might come from different countries. In situations such as this, it is reasonable to know beforehand, which country's courts should hear cases that arise from disputes regarding the contract. Jurisdiction clause saves time and money in the event of disputes that tend to arise from such contracts.
Jurisdiction clauses can either be exclusive or non-exclusive.
Exclusive; only the court listed on the jurisdiction clause can hear a case.
Non-exclusive; in this instance, the court listed can hear the case as well as other courts.
