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Ryan and Rick enter into a business agreement to assemble and sell a monthly product subscription box for sports enthusiasts. A dispute arises over their
Ryan and Rick enter into a business agreement to assemble and sell a monthly product subscription box for sports enthusiasts. A dispute arises over their partnership agreement. Ryan decides to file a lawsuit against Rick. In the middle of litigation, both Ryan and Rick decide that arbitration would be better and enter into an arbitration agreement. Which of the following statements is true of this situation? This case is an example of a mandatory arbitration agreement. This case is an example of a postdispute arbitration agreement. This case is an example of a predispute arbitration clause. This case is an example of a caucus arbitration clause. This case is an example of a courtrequired arbitration clause.
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