A(n)______ Is a Provision in a Contract That Mandates That

question 10

Multiple Choice

A(n) ______ is a provision in a contract that mandates that all disputes arising under the contract must be settled by arbitration.

• A) Binding arbitration clause
• B) Court-annexed arbitration clause
• C) Approved mediation/arbitration clause
• D) Consolidated merger clause
• E) ADR neutral clause

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Definitions:

Placebo Effect

A phenomenon where patients experience perceived or actual improvements in their health after receiving a treatment that has no therapeutic effect.

Sugar Pill

A placebo; an inert substance given to a participant in a study, used to control for the effects of mere administration of treatment.

Non-Alcoholic Beer

A beverage that mimics the taste of beer but contains very little to no alcohol, allowing individuals to enjoy the taste of beer without the effects of alcohol.

Graduate Record Exam (GRE)

A standardized test that is a common admissions requirement for graduate schools in the United States and other countries.