Most Significant Relationship Approach Flashcards

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1
Q

Most Significant Relationship Approach

A

Apply the law of the state which has most significant relationship to the occurrence or transaction and the parties

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2
Q

Most Significant Relationship Application

A

Controlling Principles
Relevant Contacts
Default Rules

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3
Q

MSR Approach- Controlling Principles

A

Needs of the interstate and international judicial system
Relevant policies of the forum **
Relevant policies of other interested states **
Protection of justified expectations **
Basic policies underlying that field of law
Certainty, predictability and uniformity of result **
Ease of determining and applying the law chosen

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4
Q

MSR- Relevant Contacts Torts

A

Where injury and conduct occurred
Parties’ domicile, residence, place of incorporation, place of business, and
Where parties relationship is centered

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5
Q

MSR- RElevant Contacts KX

A

Where contracting, negotiation, and performance occur
Where the subject matter of Kx is located, and
Parties’ domicile, residence, place of inc. and place of business

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6
Q

MSR- Default Rules

A

Usually coincides with vested rights rules

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