Jurisdiction
Generally speaking, the flavour of courts who have power to resolve any litigation concerning your agreement. In a cross-border agreement it is usual to state the governing law and whose courts have jurisdiction; in a purely domestic agreement they will not, it's being assumed that local law and local courts will always prevail.
There is always fun[1]to be had arguing over whether jurisdiction should be exclusive or non-exclusive, and what counts as a convenient forum.
See also
References
- ↑ It is all relative, you understand. Fun is the one thing money can’t buy.