Parties May Submit a Specific Dispute Involving a Contractual Provision

question 64

Multiple Choice

Parties may submit a specific dispute involving a contractual provision to arbitration through the use of a if a contract does not provide for arbitration.

• A)Suggested ADR resolution clause
• B)Submission agreement
• C)Binding arbitration clause
• D)Binding mediatory clause
• E)The parties may not submit a specific dispute to arbitration if the contract does not provide for arbitration

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Definitions:

Socioeconomic Status

A social standing or class of an individual or group often measured by education, income, and occupation.

Longevity

The length of time an individual lives, often used in the context of life span extension and quality of life.

Functional Age

Measure of a person’s ability to function effectively in his or her physical and social environment in comparison with others of the same chronological age.

Geriatrics

The branch of medicine focusing on the health, care, and diseases of older adults and the challenges associated with aging.