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2 cards from this section. Quick, good the night before a test.
What is Ad Hoc Arbitration?
Think about who sets the rules.
List one advantage of Ad Hoc Arbitration.
Why would someone want more control?
What defines Ad Hoc Arbitration?
Think about who has the authority in this type of arbitration.
True or False: Ad Hoc Arbitration requires a set institution to mediate disputes.
How does this type of arbitration differentiate from others?
Consider a scenario where two companies involved in an international contract disagree on the appointment of an arbitrator. How can they resolve this issue without an institution?
What steps can they take to avoid conflict?
Analyze the implications of having no formal institutional rules in place during an Ad Hoc Arbitration process. What can go wrong?
Consider the value of having clear guidelines in disputes.
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