Q4: Which of the following are advantages of International commercial arbitration?( )
A. Neutrality of the forum and tribunal
B. World-wide enforceability of the award
C. Finality of arbitral awards
D. Confidentiality of the arbitral process
E. Party autonomy and procedural flexibility
F. Commercial competence and expertise of arbitral tribunal
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Seminar 3:Q1: Which of the following are the essential elements of the arbitration agreement?( )
A. Intent to arbitrate
B. Determined or determinable disputes
Connection to a legal system
D. Cost
Q3: Which of the following could be the law applicable to the arbitration agreement?( )
An express choice of law
B. The law of the seat of the arbitration
C. The choice of a substantive or applicable law
D. The law of the forum where the application to ascertain the law is made
Q4: Which of the following are ways of determination regarding the issue of arbitrability?( )
A. Be determined by the arbitral tribunal as a preliminary point
B. A party may apply to the courts of the seat of the arbitration for an injunction or declaration to the effect that the subject matter of the dispute is not capable of settlement by arbitration
C. A party may commence legal proceedings on the merits of the dispute
D. The arbitrator should be impartial and independent
Seminar 4Q1: Which of the following are the meaning of ‘Competence-competence’?( )
Arbitration is a creature of contract and the jurisdiction of the arbitral tribunal arises out of the arbitration agreement.
B. The arbitral tribunal shall decide on its own jurisdiction
C. The parties could challenge the arbitral award
D. An award made by the arbitral tribunal as to jurisdiction may be reviewed by the courts
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