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I would like to get some guidance on the following question A subsidiary of Colossal Corporation has negotiated a contract that calls for any disputes

I would like to get some guidance on the following question

A subsidiary of Colossal Corporation has negotiated a contract that calls for any disputes to be settled in the courts of Zintar, a relatively small African country that supplies raw materials for some of Colossal's European operations. The VP would like a discussion on the wisdom of this contract provision and thoughts on possible alternative approaches if the contract were to be renegotiated.

  • Give specific recommendation of what action, if any, the VP should take based on your analysis and conclusions.
  • Support your conclusion with references to legal principles and

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