By Means of an Arbitration Clause , the Parties to an International

question 60

True/False

By means of an arbitration clause , the parties to an international business contract agree in advance to resolve any dispute without involving a third party.

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Definitions:

Continuing Resolution

A type of legislation passed by Congress to fund government agencies and programs temporarily, extending funding beyond the end of the fiscal year to prevent a government shutdown.

Appropriations Bill

Legislation passed by Congress that provides funding for government agencies and programs.

Fiscal Year

A financial period used by governments and businesses for accounting and budget purposes, often not aligned with the calendar year.

Trustee

An individual or organization entrusted to manage or oversee assets, properties, or interests on behalf of others, often within a legal or fiduciary capacity.