Abacus Industries Is Considering Arbitration to Resolve Its Dispute with a Foreign

question 62

Multiple Choice

Abacus Industries is considering arbitration to resolve its dispute with a foreign supplier.Which statement best describes why arbitration is popular for settling international commercial disagreements?

• A) Arbitration is mandatory in contracts involving the international sale of goods.
• B) There is no international court for the resolution of commercial disputes.
• C) Arbitration decisions can be appealed to the courts.
• D) Arbitrators must meet mandatory qualifications.

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