Discuss Calvo clauses and how they could affect construction ...

[james9437]

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

[mmj22343]

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]

Excellent

[chereeb]

TYSM