Abstract
Abstract Corporations operate in the global market by employing standard terms to govern their dealings in a uniform and protective manner. Because of differences among jurisdictions, incorporating standard terms can be problematic, especially if companies decide to adopt a cost-effective holistic approach for a high number of their everyday dealings instead of fragmenting their policy. This paper first examines theoretical issues related to the incorporation of standard terms. It then assesses and compares methods of incorporation developed in practice to identify the ‘Legally Advisable Solution’. These methods are also tested in the main jurisdictions. In conclusion, an international model for the incorporation of standard terms is proposed.
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