/ˈprɒpər lɔː əv ðə ˈkɒntrækt/ – Phrase
Definition: luật pháp về hợp đồng, luật pháp điều chỉnh nội dung quan hệ của các bên trong hợp đồng.
A more thorough explanation: The term “proper law of the contract” refers to the legal principle that determines the governing law of a contract. It is the law chosen by the parties to govern their contractual relationship, or in the absence of such choice, the law that has the closest connection to the contract. The proper law of the contract is important for determining the rights and obligations of the parties, as well as for resolving any disputes that may arise under the contract.
Example: The proper law of the contract is determined by the jurisdiction specified in the choice of law clause within the agreement.