Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Wichita Bicycles, an American entity, and Chiaphua Components Group, a Chinese corporation, enter into a contract for Chiaphua to produce bicycle frames for Wichita. The

Wichita Bicycles, an American entity, and Chiaphua Components Group, a Chinese corporation, enter into a contract for Chiaphua to produce bicycle frames for Wichita. The bicycle frames are to be delivered in lots of ten every two weeks. The first two groups of frames are delivered without incident. In the third group, Wichita noted a number of irregularities in the frames and asked Chiaphua to replace them at no charge. Chiaphua refused. Rather than filing a lawsuit, Wichita and Chiaphua agree to a mediation. At mediation, Wichita agrees to pay, and Chiaphua agrees to accept, a reduced amount for the substandard frames. Three days later, Wichita notifies Chiaphua that it will no longer pay a reduced amount and insists that the frames be replaced. If Chiaphua decides to enforce the mediation agreement, it will rely on which document?
Paris Convention on Alternate Dispute Resolution
Kyoto Convention on Mediation
Singapore Convention on Mediation
Uniform Enforcement of Mediation Agreements Treaty
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management in Practice

Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco

4th edition

470533013, 978-0470533017

More Books

Students also viewed these General Management questions