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2 Choice of the law governing the substance of the dispute
The perceived neutrality and impartiality of the legal system, the appropriateness
of the law for the type of contract and the party’s familiarity with the law are
extremely important factors in the choice of governing law.
Summary
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53% of respondents believe that the
impact of the governing law can be limited
to some extent by an extensively drafted
contract, 29% believe it can be limited to
a great extent.
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