Which of the following refers to a clause in a contract that identifies the state law that will apply to any disputes that arise under the contract

forum selection clause.

escalator clause.

omnibus clause.

reserve clause.

Forum selection clause

Explanation:

Forum selection clause is a provision that is usually a part of all written contractual agreement that are commercial in nature. It aims to indicate where a litigation of a dispute relating to a written contract can be carried out. Therefore, the courts of a specific jurisdiction saddled with the responsibility of hearing and settling a dispute is indicated by the clause.

Choosing between a state court in particular state and another one in another states can allow be allowed by the forum selection when it is permissive.