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Posted by HisHughness on 7/21/11 9:12pm
The BS is not being distributed by this SS; it is being spread around by this poster in this and subsequent posts about this subject.
It is fairly routine for contracts or agreements to stipulate the laws of the jurisdiction that will apply to the transaction, and the venue where any disputes will be litigated.
Such stipulations, of course, are sought by the party to the transaction with the strongest position for its convenience.