anyone taking business law

Essay specific features

 

Issue:

American History

 

Written by:

Michael R

 

Date added:

October 17, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 431

 

Was viewed:

10077 times

 

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Essay content:

If parties want to provide for arbitration of future disputes they can do so by just inserting the clause into their contract. The clause should recite, "We, the undersigned parties, hereby agree to submit to arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules the following controversy: (cite briefly)...
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We further agree that the above controversy be submitted to (one)(three) arbitrator(s). We further agree that we will faithfully observe this agreement and the rules, that we will abide by and perform any award rendered by the arbitrator(s), and that a judgment of the court having jurisdiction may be entered on the award"...
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