Express Choice of Law in Contracts Flashcards

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1
Q

Are parties allowed to choose their own choice of law via contract?

A

yes;

Parties to a contract are generally free to choose a particular jurisdiction’s law to be applied for matters of contract interpretation through choice-of-law provisions.

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2
Q

For matters of contract validity, how is choice of law determined?

A

For matters of contract validity, the parties may choose which law applies only if:

  1. The jurisdiction selected has some connection with the contract; AND
  2. The choice of law is NOT contrary to a substantial policy interest of another jurisdiction with a greater interest in the matter.
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