Understanding Arbitration and ADR Means
20 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main purpose of arbitration?

  • To prolong the legal process of dispute resolution
  • To escalate a dispute to a higher authority
  • To eliminate the need for any ruling on the dispute
  • To settle a dispute through the ruling given by the mediator (correct)
  • Which international treaty is described as the most successful in private international law?

  • The United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards (correct)
  • The Vienna Convention on Contracts for the International Sale of Goods
  • The Geneva Protocol on Arbitration Clauses
  • The Hague Convention on Choice of Court Agreements
  • What percentage of cases show enforcement of an arbitral award under the New York Convention?

  • 45%
  • 75%
  • 90% (correct)
  • 60%
  • What is the scope of the New York Convention?

    <p>Recognition and Enforcement of Foreign Arbitral Awards</p> Signup and view all the answers

    In which year was the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards done in New York?

    <p>1958</p> Signup and view all the answers

    What might be a reason for a court to refuse enforcement of a foreign arbitral award?

    <p>Objection by the party against whom enforcement is sought</p> Signup and view all the answers

    In which year did Egypt sign the New York Convention?

    <p>1959</p> Signup and view all the answers

    What does Article II(3) of the New York Convention require a Contracting State to do?

    <p>Refer parties to arbitration if requested</p> Signup and view all the answers

    What is the purpose of Law 27/1994 in Egypt?

    <p>To apply to any arbitration pending at its time of enactment</p> Signup and view all the answers

    In what situations does the Arbitration Law 17/1994 in Egypt apply?

    <p>To all arbitrations conducted in Egypt or agreed to by parties for international commercial arbitration</p> Signup and view all the answers

    What is the main purpose of the New York Convention?

    <p>To provide enforcement of foreign arbitral awards</p> Signup and view all the answers

    What percentage of cases show enforcement of an arbitral award under the New York Convention?

    <p>Approximately 90%</p> Signup and view all the answers

    In what year was the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards done in New York?

    <p>1958</p> Signup and view all the answers

    What does Article II(3) of the New York Convention require a Contracting State to do?

    <p>Recognize and enforce arbitration agreements and awards</p> Signup and view all the answers

    What is the scope of the New York Convention?

    <p>To facilitate the recognition and enforcement of foreign arbitral awards</p> Signup and view all the answers

    According to the New York Convention, in what situation can a court refuse enforcement of a foreign arbitral award?

    <p>If one of the parties objects against the enforcement (Article V(1))</p> Signup and view all the answers

    What does the Egypt Arbitration Law 17/1994 apply to according to its scope?

    <p>Arbitrations conducted abroad when the parties agree to subject it to this law</p> Signup and view all the answers

    What is the purpose of the second introductory article of Egypt Arbitration Law 17/1994?

    <p>To list down the provisions for the enforcement of the law and selection of arbitrators</p> Signup and view all the answers

    What does Article III of the New York Convention require Contracting States to do?

    <p>Recognize and enforce arbitral awards as binding</p> Signup and view all the answers

    In which situation does a court have the authority to refuse enforcement of a foreign arbitral award under the New York Convention?

    <p>On its own motion for reasons of public policy (Article V(2))</p> Signup and view all the answers

    More Like This

    ADR in Business
    5 questions

    ADR in Business

    QualifiedSphene avatar
    QualifiedSphene
    Arbitraje y Libre Competencia: Caso RB Sports
    6 questions
    Contract Law Obligations
    29 questions
    Alternative Dispute Resolution in Business
    13 questions
    Use Quizgecko on...
    Browser
    Browser