Asked by Grace Gallagher on May 06, 2024
Verified
Is Jade correct that they are required to arbitrate their dispute?
A) Yes, Jade demanded in writing that they arbitrate their dispute.
B) Yes, but only because Jade's written demand had a thirty day deadline.
C) No, a party is never required to arbitrate.
D) No, arbitration is voluntary and Coleman never signed an agreement to arbitrate their disputes.
E) No, a party cannot enter a contract that requires them to arbitrate instead of filing a lawsuit.
Arbitrate
To arbitrate is to resolve a dispute through arbitration, where a neutral third party (the arbitrator) makes a binding decision, avoiding court litigation.
Written Demand
A formal request or claim, typically documented in writing, that seeks performance or action from another party.
Lawsuit
A legal action brought before a court by an individual or group against another party.
- Recognize the conditions favoring arbitration and its validity in legal and contractual frameworks.
Verified Answer
Learning Objectives
- Recognize the conditions favoring arbitration and its validity in legal and contractual frameworks.
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