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Party Autonomy

Party autonomy is the principle that individuals or organizations have the freedom to choose the rules and terms that govern their legal relationships and agreements. It allows parties to decide how to structure contracts, settle disputes, and determine rights and obligations, as long as these choices comply with applicable laws and public policy. Essentially, it respects the authority of those involved to tailor their arrangements to their specific needs and preferences, fostering flexibility and mutual consent in legal and contractual matters.