Definition of arbitration
Definition of arbitration
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Consumer Reports: When you agree to arbitration clauses in the fine print
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Types of Arbitration 1. Arbitration Clause Many commercial agreements now have an arbitration clause embedded within them. The clause regulates the method of resolving any possible future disputes. Usually these are standard clauses provided by the institution which the parties have agreed to use to administer the future dispute. Such clauses should contain, as minimum, details of (a) the arbitration rules that will govern the proceedings and the institution, if any, which is to administer the p
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