Arbitration, Business Law and Ethics

Arbitration

However this is a dispute resolution mechanism whereas disputes are settled out of the court through arbitral tribunals or arbitrators that who make arbitral words as opposed to judgement. Conversely the law relating to arbitration in the US is contained in the Arbitration act 1995.  So then this act repealed the Arbitration Act cap 49.  Further this  Act applies to both international and domestic arbitration.

Whereas under sec 3(1) of the Act an Arbitration Agreement is an agreement through parties to  arbitration to submit all or certain disputes arising between them.  Whether an arbitral tribunal means that a sole arbitrator or a panel thereof an arbitration agreement might take the form of clause in a separate agreement or the contract between the parties.

Posted Date: 1/21/2013 7:56:27 AM | Location : United States







Related Discussions:- Arbitration, Assignment Help, Ask Question on Arbitration, Get Answer, Expert's Help, Arbitration Discussions

Write discussion on Arbitration
Your posts are moderated
Related Questions
Formation and Characteristics of Agency An agency may come into existence by the following ways: Contract (Appointment) or agreement Further this can be done in any

Give detail explanation of Credibility problem There are indications that such credibility problem stems from a tension between the goal of encouraging innovation and investme

Part A A director has a duty to exercise care, skill and diligence at common law and also a statutory duty of care and diligence under s180 (1) Corporations Act 2001 (Cth) in c

steeple analysis about setting up a buisiness

Intellectual property refers to creations of the mind like inventions, artistic and literary works, designs, and more used for profit. There are two categories of intellectual prop

QUESTION 1 Discuss the sources of the Mauritian law QUESTION 2 (a) Tom, Pim and Pam enter into a lease agreement. The agreement has already been signed by Pim and Pam.

There are various types of immunities, such as; The diplomatic immunity, Immunities of international organizations, Sovereign of state immunity and Acts of state doctr

Question 1: Explain the main elements that constitute a valid contract. Question 2: Describe the concepts of negligence and remoteness of damage in tort law. Questi

What is the composition of the legislature Given the composition of the legislature, the strategic voting, the possibility under which the policies and their economic outcomes

Alan and Brian wished to obtain tickets to the Football Cup Final at Hambley Park, but the owners of the stadium, Stein Ltd, did not wish to allow Alan and Brian to attend the mat