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TedCo Industries of Toronto, Canada has contracted to supply 5,000 units of salted snacks every month to Olympus Holdings Ltd. of Athens, Greece. The contract

TedCo Industries of Toronto, Canada has contracted to supply 5,000 units of salted snacks every month to Olympus Holdings Ltd. of Athens, Greece. The contract of supply says that in the event of non-delivery, TedCo and Olympus "may resolve the non-delivery by way of mediation or negotiation". There is no mention of arbitration in the delivery contract. This means that TedCo and Olympus cannot arbitrate a dispute regarding non-delivery even if both parties wish to arbitrate the issue.

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