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1. | 2. Arbitration as a mode of settling contractual disputes focuses on the of the parties to determine the course of the dispute settlement
1. | 2. Arbitration as a mode of settling contractual disputes focuses on the of the parties to determine the course of the dispute settlement a) Autonomy b) Consensuality c) Relativity d) Mutuality An arbitration agreement arises when two or more persons agree to submit to an arbitration of one or more arbitrators, any controversy existing between them at the time of the submission, which may be the subject of an action. 3. a) True b) False Under the Alternative Dispute Resolution Act, how many arbitrators are by default needed in an arbitration if there is no agreement between the parties? a) 1 b) 4 4. 5. c) 3 d) 2 The Alternative Dispute Resolution Act of 2004 is the Philippines' own arbitration rules and has nothing to do with the UNCITRAL Model Law on arbitration. a) True b) False Under the Model Law, when there is no agreed number of arbitrators, the default number is a) 4 b) 2 c) 5 d) 3 6. The following may be considered advantages of arbitration, except a) higher cost b) confidentiality 7. c) shorter case time d) finality of award 8. 9. 10. As a private mode of settling contractual disputes, the parties cannot decide to adopt rules of government institutions in settling disputes. a) True b) False The parties can have an arbitration agreement expressed in the following, except a) Court Filing b) Contract Clause c) Agreement Annex d) Separate Contract Arbitration involves government mechanisms to resolve contractual disputes. a) True b) False Which of the following is possibly non-arbitrable in the Philippines? a) Non-payment with a check that bounces b) Delivering to a wrong place c) Delay in the accomplishment of a contract d) Damages
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