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4 cards from this section. Quick, good the night before a test.
What is arbitration?
Think about an alternative to going to court.
Name a type of arbitration.
Consider if it's local or involves foreign parties.
What is arbitration?
Think of it as a different way to handle disagreements.
True or False: An arbitral award is not binding.
Recall the definition of an arbitral award.
A company from India and a supplier from Canada entered an arbitration agreement. Discuss the complications they may face when attempting to enforce an arbitral award in Canada.
Consider international legal frameworks and how they affect enforcement.
Evaluate the necessity of the UNCITRAL Model Law in modern arbitration practices.
Think about how uniform standards can help shield against complications.
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