Terms Used In North Carolina General Statutes 1G-5

  • Contract: A legal written agreement that becomes binding when signed.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.

Nothing in this Chapter does any of the following:

(1)        Validates, invalidates, or otherwise affects the enforcement of a choice of law provision or a choice of forum provision in a contract that is not a business contract.

(2)        Confers subject matter jurisdiction upon a court that would otherwise lack subject matter jurisdiction.

(3)        Affects the designation of an action as a mandatory complex business case pursuant to N.C. Gen. Stat. § 7A-45.4 ?(2017-123, s. 1.)