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Author Question: Helen is the owner of a Japanese company that manufacturers car audio parts. Several months ago she ... (Read 84 times)

moongchi

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Question 1

Which of the following provided rules to guide international bodies handling arbitrations?
◦ the International Commercial Centre Arbitration
◦ the American Arbitration Association
◦ the United Nations Commission on International Trade Law
◦ the National Arbitration Forum
◦ the International Chamber of Commerce

Question 2

Helen is the owner of a Japanese company that manufacturers car audio parts. Several months ago she received a favourable award in an arbitration in Japan against a Canadian car manufacturer for unpaid bills. The Canadian manufacturer has several assets in Canada, but none in Japan. Which of the following statements is true?
◦ The award cannot be enforced in Canada since it took place in Japan.
◦ The award must be enforced in Japan, but since the Canadian manufacturer has no assets in Japan, it is highly unlikely that Helen will ever receive the award.
◦ The award cannot be enforced since the dispute was settled by arbitration.
◦ The award can be enforced by a court anywhere in Canada.
◦ The award must be enforced in Japan, and since the Canadian manufacturer only has assets in Canada, it is highly unlikely that Japan will litigate further.


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Marked as best answer by moongchi on Aug 7, 2021

yuyiding

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moongchi

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Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review


smrtceo

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Reply 3 on: Yesterday
Wow, this really help

 

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