If Coleman Had Signed a Submission Agreement,but Subsequently Decides to File

question 14

Multiple Choice

If Coleman had signed a Submission Agreement,but subsequently decides to file a lawsuit against Jade,would Coleman still be required to arbitrate?

• A)Yes,because there are more advantages to arbitration.
• B)No,because the distribution contract between Coleman and Jade did not include a binding arbitration agreement.
• C)No,because a Submission Agreement is not a binding arbitration agreement.
• D)Yes,because he entered into a submission agreement.
• E)No,because a party has a right to file a lawsuit.

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Definitions:

Home Currency Approach

A method used in international finance where companies evaluate their foreign operations and transactions in their domestic currency.

Cash Inflows

The total amount of money being transferred into a business, typically from operations, investments, and financing activities.

Exchange Rate

The price at which one currency can be exchanged for another in the foreign exchange market.

Inflation Rate

The speed of growth in the average price level of goods and services, decreasing the effectiveness of purchasing power.