Which of the Following Is True of the Arbitration Framework

question 52

Multiple Choice

Which of the following is true of the arbitration framework created by the New York Convention?

• A)Signatory countries can require parties to an arbitration agreement to actually use arbitration.
• B)Signatory countries recognize and can enforce arbitration judgments.
• C)There are limited grounds for appealing arbitration decisions.
• D)The grounds that are recognized are different than the typical appeals that are permitted in a court of law.
• E)all of the above

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Definitions:

Single Line

A straight line that has no bends or curves.

Numeric Amount

A figure or value expressed in numbers, representing quantity or magnitude.

Electronic Check

A digital version or representation of a paper check, used to make electronic payments directly from a checking account.

Checking Account

A bank account that allows the account holder to withdraw funds, write checks, and make electronic transactions.