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Ảnh của tác giảin Vietnam Lawyers

The Principle Of Choice Of Law Has The Closest Relationship With Contracts in International Commercial Contract Disputes



This principle will only be applied in cases where the two parties do not have an agreement on applicable law or the applicable law is insufficient to resolve contractual disputes.



In international treaties as well as national laws, there are provisions regulating how to determine the source of law that has the closest relationship with the contract. Vietnamese law has regulations on how to determine the applicable law in some specific contracts as follows:


-Disputes over sales contracts


-Service supply contract disputes


-Disputes on contracts for transfer of use rights or transfer of intellectual property rights


-Labor Contract Disputes


-Consumer Contract Disputes


-Contract disputes involving real estate


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