What is usually placed in the arbitration clause and is becoming standard in many international contracts?
A) the preferred court or legal body of arbitration
B) the place of arbitration and the language used in the arbitration process
C) the contract stating that the results of the arbitration process are not binding on both parties
D) the judgment of the legal action initiated in the litigation stage
E) the copy of the lawsuit filed by the plaintiff
Correct Answer:
Verified
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A)
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