A Med-Arb clause in a contract requires mediation or conciliation as a precursor to any arbitration.
Correct Answer:
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Q24: Liquidated damages clauses are pre-agreed damages that
Q25: Under the civil law, courts will recognize
Q26: Litigation is the preferred method of dispute
Q27: The disadvantages of arbitration include limited pre-trial
Q28: Foreign arbitration decisions need the cooperation of
Q30: Under the Convention for the International Sale
Q31: A clause in an international contract which
Q32: The formal notification of a defendant that
Q33: In order to require a foreign party
Q34: In cases where the court determines that
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