What are the best practices for drafting international contracts?
When drafting international contracts, it's crucial to consider jurisdiction, language, and cultural differences.
How do I choose the right jurisdiction for my contract?
Choose a jurisdiction that is neutral and has a strong legal framework. Consider where the parties are located and the nature of the contract.
What should I include regarding dispute resolution?
Include a clear dispute resolution clause, specifying whether you'll use arbitration or litigation, and the governing law.
Are there specific terms I should avoid?
Yes, avoid ambiguous terms and those that may not be enforceable in the chosen jurisdiction.
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