Question
IKEA(Swedish Company) contracts with Rent-A-Center(US company) to supply Rent-A-Center with a large quantity of TV stands. IKEA supplies the TV stands and Rent-A-Center fails to
IKEA(Swedish Company) contracts with Rent-A-Center(US company) to supply Rent-A-Center with a large quantity of TV stands. IKEA supplies the TV stands and Rent-A-Center fails to pay. IKEAS's accounting states they are owed $1,500,000. There is no agreement to arbitrate or mediate. Can IKEA make RAC mediate or arbitrate? a. Yes, RAC will be required to despite not agreeing. b. IKEA eill not be able to be paid because they are not an American company. c. No, if not in the contract, then the arbitration or mediation must be voluntary. d. No, but only if RAC objects clearly in court. e. Yes, but only by using the court system first.
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