题目内容
A jurisdictional clause always solves the legal problems of which laws should be invoked because it is clearly established in the contract.
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The usual arbitration procedure is for the parties involved to choose an interested and informed party as referee to determine the merits of the case and make a judgement that both parties agree to honor.
Because the informal method of arbitration is workable, there are no rules and procedures established yet.
An “act of God” refers to some extraordinary happening of nature not reasonably anticipated by either party of a contract.
Most observers of litigation between citizens of different nations feel that some victories are spurious because of the cost, delays and aggravation involved.
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