Question

Ben and Jerry enter into a business agreement to assemble and sell prepackaged salads. In their written agreement, they both agree that they will be required to settle all disputes through arbitration.
A.This is an example of a mandatory arbitration clause.
B.This is an example of a voluntary arbitration clause.
C.If arbitration occurs, their arbitration will be required to follow strict and formal rules of evidence.
D.If arbitration occurs, either party is entitled to a de novo hearing by the courts if there is dissatisfaction with the award.

Answer

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