There Are No International Conventions or Treaties to Assist in the Enforcement

question 60

True/False

There are no international conventions or treaties to assist in the enforcement of arbitration clauses because their enforcement is a national domain.

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Definitions:

Piece Rates

A payment method in which a worker is paid a fixed rate for each unit produced or action performed, regardless of time.

Unity of Direction

A management principle suggesting that all parts of an organization should be aligned and moving towards common objectives.

Home Building Company

A business organization that specializes in constructing residential homes for clients.

Complete Autonomy

The state or condition of being entirely independent, with the freedom to make decisions without external control or influence.