A buyer in British Columbia purchases equipment from a manufacturer in China.The contract between the parties stipulates that any dispute between the parties arising out of the transaction will be decided by an arbitrator in Switzerland.The buyer is not satisfied with the quality of the equipment and brings the dispute before an arbitrator in Switzerland.What law will the arbitrator apply to resolve the dispute?

Question

Quizplus · Accepted Answer

The most appropriate law to be applied to resolve the dispute would be the law that the parties have agreed to apply in the contract. In this case, the contract stipulates that any dispute arising out of the transaction will be decided by an arbitrator in Switzerland. Therefore, the law that the parties have agreed to apply is the law that the arbitrator will use to resolve the dispute.

A Buyer in British Columbia Purchases Equipment from a Manufacturer