At the Federal Level, the Enforces Arbitration Clauses in Contracts

question 135

Multiple Choice

At the federal level, the enforces arbitration clauses in contracts involving interstate commerce.

• A) Federal Arbitration Act (FAA)
• B) Federal Mediation Act (FMA)
• C) National Arbitration Act (NAA)
• D) Arbitration Act of 1980

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Definitions:

Bond

A fixed income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental.

Investment

The allocation of resources, such as time, money, or effort, in hopes of generating future returns or profit.

Interest Rate

The interest rate is the percentage of principal charged by the lender for the use of its money or the return on investment assets.

Wine Drinkers

Individuals who regularly consume wine, often with an appreciation for its varieties and qualities.