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Questions and Answers
What is the purpose of a choice of law clause in a distribution agreement?
What is the purpose of a choice of law clause in a distribution agreement?
- To automatically default to the laws of the distributor's home country
- To ensure that the agreement is not bound by any specific legal jurisdiction
- To allow both parties to choose different laws for different aspects of the agreement
- To specify which country's laws will govern the agreement (correct)
In a legal context, what does 'remedy' refer to?
In a legal context, what does 'remedy' refer to?
- The legal document that initiates a lawsuit
- The legal principle that governs the distribution of products
- The action or procedure that is followed to address a breach or violation (correct)
- The financial compensation paid to the prosecutor in a criminal case
What distinguishes 'fine' from 'damages' in the context of legal sanctions?
What distinguishes 'fine' from 'damages' in the context of legal sanctions?
- Fines are imposed as a criminal or administrative sanction, while damages compensate a victim for harm suffered (correct)
- Fines are determined by the prosecutor, while damages are determined by the court
- Fines are paid directly to the victim, while damages go to the State
- Fines are only applicable in civil cases, while damages are related to criminal cases
What legal action can a distributor take if the manufacturer stops delivering the product as per the agreement?
What legal action can a distributor take if the manufacturer stops delivering the product as per the agreement?
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What is the purpose of a bailiff or exekutor in the legal context mentioned in the text?
What is the purpose of a bailiff or exekutor in the legal context mentioned in the text?
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