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Author Question: Discuss Calvo clauses and how they could affect construction projects. What will be an ideal ... (Read 76 times)

james9437

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Discuss Calvo clauses and how they could affect construction projects.
 
  What will be an ideal response?

Question 2

A service agreement that concentrates on the final outcome, rather than contract specifications is a(n) ___________________ ___.
 
  A. agreement for service
  B. traditional contract
  C. service level agreement
  D. time and material contract



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mmj22343

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Answer to Question 1

A Calvo clause, which is named for Carlos Calvo who was a 19th century Argentinean diplomat, is an exclusive jurisdiction clause that specifies that legal disputes will be litigated by the court of a host nation (Bondzi-Simpson, 1990). Calvo clauses were developed in 1927 by the United States-Mexican General Claims Commission and they stipulate that when a plaintiff has a legal claim they must first seek legal recourse in the local jurisdiction before they seek restitution for their claim in a foreign court (Stokes, 1978).

Answer to Question 2

C




james9437

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Reply 2 on: Jul 26, 2018
YES! Correct, THANKS for helping me on my review


Dnite

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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