Lyman,Inc.,a U.S.firm,and Montcalm,Ltd.,a Canadian firm,include an arbitration clause in their contract,under which the two parties arbitrate a dispute that results in an award.This award will most likely be

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Arbitration awards are generally easier to enforce than court judgments, as they are considered final and binding by law. They can be enforced through the courts like any other legal judgment, and international enforcement of arbitration awards is also facilitated by the New York Convention, which currently has over 160 signatory countries.

Lyman,Inc,A U