Which of the Following Is True of the Federal Arbitration

question 97

Multiple Choice

Which of the following is true of the Federal Arbitration Act?

• A) It covers any arbitration clause in a contract that involves interstate commerce.
• B) It favors litigation over arbitration in cases where an arbitration clause is ambiguous.
• C) It nullifies the rights of parties to litigate disputes if an arbitration clause exists.
• D) It ensures that arbitration is used only in federal cases, and not in state cases.
• E) It guarantees that all arbitration clauses are irrevocable under any circumstances.

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Definitions:

Absolute Value Inequality

An inequality involving absolute values, which constrains the distance of a variable from zero on the real number line within certain bounds.

Double Inequality

An expression that involves two inequality signs, indicating that a value is within a certain range.

Set Notation

A system of symbols used to represent sets and the relationships and operations between them, such as union, intersection, and complement.

Absolute Value Inequality

An inequality that involves the absolute value of a variable expression, which represents a range of solutions.