Business Law Deneme Sınavı Sorusu #1019173
Which of the following elements, on which both parties cannot agree, is the main reason to lead an ad hoc arbitration?
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Arbitrators. |
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Negotiation procedures. |
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Venue. |
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Length of the procedures. |
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Arbitration institution. |
Yanıt Açıklaması:
When parties are silent and have not selected an institutional arbitration, the arbitration will be ad hoc. While agreeing on ad hoc arbitration, the parties may agree on the arrangements for initiating the procedure, selecting the arbitrators, determining the procedural rules etc. Therefore, the correct option is E.
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