Which of the Following Is True of International Arbitration

question 24

Multiple Choice

Which of the following is true of international arbitration?

• A) Parties can select an arbitrator either before or after the dispute arises.
• B) An international arbitrator's decision is seldom a final decision.
• C) It is generally slower and more expensive.
• D) It is a public proceeding open to media scrutiny.
• E) An arbitral award is a judgment.

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Definitions:

Preferred Shares

A class of ownership in a corporation that has a higher claim on its assets and earnings than common shares, often paid dividends before common shareholders.

Treasury Shares

Previously outstanding shares repurchased by a corporation that are not canceled or restored to unissued status.

Repurchased Shares

Stocks that have been bought back by the issuing company from shareholders, reducing the amount of outstanding shares on the market.

Outstanding Shares

A corporation’s shares currently held by shareholders.