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Governing Law State of California Agreements, Contracts Form

Governing Law State of California Agreements, Contracts Form

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Hey everyone this is Shannon Villalba  the Multi-preneur Lawyer where law is not   scary! Don't be scared by the language in your  contract! Here's a tip about the governing law,   jurisdiction, and venue provisions which  are typically found at the end of a contract   and why it is extremely important to review them  before you sign an agreement. All contracts should   have a governing law or choice of law provision  within them. This provision allows the parties   to agree that the contract is governed by the laws  and regulations of a particular state or a country   even if they live in another state or country.  For example, you might see language that states   the following "this agreement has been made and  executed in and shall be governed by the laws   of the state of Ohio." Should a party wish to  dispute any of the provisions of the contract,   then Ohio laws and rules will be applied  to determine the outcome of t

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