Which of the following is a standard provision frequently found in contracts?
A)choice of forum
B)understanding
C)choice of compensation
D)mediation

Question

Quizplus · Accepted Answer

Choice of forum is a standard provision frequently found in contracts, as it determines the jurisdiction in which any legal disputes arising from the contract will be settled. This provision can help avoid confusion and uncertainty in the event of a dispute. Understanding and choice of compensation are vague and not standard provisions, while mediation is an alternative dispute resolution method that may or may not be included in a contract.

Which of the Following Is a Standard Provision Frequently Found