ADR in Business

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5 Questions

What type of ADR method involves parties referring the dispute to one or more appointed persons who review the case and impose a legally binding decision?

Arbitration

In which type of agreements are arbitration clauses usually mentioned?

Commercial agreements

According to the Arbitration and Conciliation Act, 1996, in what form should the arbitration agreement be?

In writing as a clause or separate agreement

How is the number of arbitrators determined according to the Arbitration and Conciliation Act, 1996?

Sole arbitrator or odd number determined by parties

Under which part of the Arbitration and Conciliation Act, 1996, is the enforcement of foreign awards addressed?

Part III

Test your knowledge of Alternative Dispute Resolution (ADR) with this quiz on the legal aspects of business. Explore methods such as arbitration, conciliation, negotiation, and mediation. Assess your understanding of how ADR offers a way to resolve disputes outside the court, with a focus on the roles and processes involved.

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