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5. An executive agreement was drawn between one American and Indian company for their dealing the tissues papers. The agreement contained a special clause This

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5. An executive agreement was drawn between one American and Indian company for their dealing the tissues papers. The agreement contained a special clause \"This agreement is not entered into as a formal legal agreement and shall not be subject to the jurisdiction of the courts of America and India\". Indian company breached the term of the contract. On this Amean company want to file the suit before the court in Indian. Give your advice to the American company. [Marks 3]

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