This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why is international arbitration a better way to settle international contract disputes than ... (Read 129 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
on: Jul 26, 2018
Why is international arbitration a better way to settle international contract disputes than litigation?
 
  What will be an ideal response?

Question 2

What would be a reasonable percentage that a contract could be changed by an owner without it being a cardinal change and why?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

parker125

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 26, 2018
Answer to Question 1

International arbitration is a better method for settling disputes than litigation because it involves arbitrators from nations other than a host nation (the nation of owners) and the home nation of contractors. If litigation is used to settle contractual disputes it may only be carried out in the host nation or the choice of law nation stipulated in the contract.

Answer to Question 2

A reasonable percentage that a contract could be changed by an owner without it being a cardinal change is ten percent.


HudsonKB16

  • Member
  • Posts: 535
Reply 2 on: Jul 26, 2018
:D TYSM

AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Region’s Culture in International Context Region’s Culture in International Context
Climate change by international treaty Climate change by international treaty
The International Radura Symbol The radura symbol must appear on all irradiated foods The International Radura Symbol The radura symbol must appear on all irradiated foods
International space station International space station
5. Social contract theorists believe that the social contract is/was a historical fact. ... 5. Social contract theorists believe that the social contract is/was a historical fact. ...
International women's day International women's day
Video: Exocytosis - secretion

For a complete list of videos, visit our video library