Foreign arbitration decisions need the cooperation of the court system in order to properly function.

Name: Foreign arbitration decisions need the cooperation of the court system in order to properly function.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Foreign arbitration decisions are binding only if enforced by the court system of the country where assets or persons involved in the dispute are located. Therefore, the cooperation of the court system is necessary for the proper functioning of foreign arbitration decisions.

Foreign Arbitration Decisions Need the Cooperation of the Court System