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What May the Parties Do If They Disagree Whether They

question 13

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What may the parties do if they disagree whether they are obligated by contract to arbitrate their dispute?


Definitions:

Liquid Asset

Assets that can be quickly and easily converted into cash without significant loss of value, including cash itself, marketable securities, and accounts receivable.

Cash Flow From Assets

The total amount of cash generated by a company’s business operations after accounting for capital expenditures and additions to net working capital.

Book Value

The value of an asset according to its balance sheet account balance, representing the cost of the asset minus accumulated depreciation.

Market Value

The current value at which an asset or company can be bought or sold on the open market.

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