When internationally accepted arbitration rules are used in conjunction with the parties' own methods of selecting an arbitration panel,it is known as a(n)__________ arbitration.

Question

Quizplus · Accepted Answer

Ad hoc arbitration is a type of arbitration where the parties agree to use arbitration to resolve their dispute, but instead of using a permanent arbitral institution with specific rules and a pre-selected panel of arbitrators, the parties choose their own method of selecting the arbitration panel. This method can include using internationally accepted arbitration rules in conjunction with the parties' own methods of selecting an arbitration panel. Therefore, the correct answer is C - Ad hoc arbitration.

When Internationally Accepted Arbitration Rules Are Used in Conjunction with the Parties