Which of the following is usually placed in the arbitration clause that 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
Q42: The basis for _ is the interpretation
Q42: Because of political changes in the late
Q48: In settling international commercial transaction disputes, which
Q50: In the case of arbitration:
A) lawsuits are
Q50: The Islamic law prohibits the payment of
Q53: Islamic law is also known as the
Q54: Apart from intellectual property laws, another illustration
Q55: Under _, the legal system is subordinate
Q56: Jimmy's foods, a popular food company in
Q60: _ is a nonbinding agreement between parties
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents