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:

Logistic Regression

A statistical method for analyzing a dataset in which there are one or more independent variables that determine an outcome. The outcome is measured with a dichotomous variable (where there are only two possible outcomes).

Lactic Acid

An organic compound produced in muscles during intense activity and fermented foods, responsible for the sour taste.

Confidence Interval

A statistical measure expressed as an interval, calculated from sample data, indicating where the true population parameter is expected to lie with a specific degree of certainty.

Odds Ratio

A measure of association between an exposure and an outcome, representing the odds that an outcome will occur given a particular exposure, compared to the odds of the outcome occurring without that exposure.