Arbitration is overriding condition in business contracts, Business Law and Ethics

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QUESTION 1

Arbitration is an overriding condition in all business contracts. Without a clause for arbitration business relationship is bound to suffer. Critically examine this statement

QUESTION 2

Whilst it is acknowledged that business related laws should neither attempt to prescribe any particular style of board room management nor any conduct for directors, advocates believe that certain basic principles of board room practice and ethics for directors can be universally applicable. Make suggestions as to how these principles of corporate value and conduct can be enhanced


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