Arbitration Agreement
Arbitration can be defined as the parties' agreement to resolve disputes that have arisen or may arise between them through arbitration, instead of resolving them in state jurisdiction, provided that the dispute is within the scope of matters permitted by the law to be resolved through arbitration.
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Arbitration Agreement – Scope of Arbitrator’s Jurisdiction
Arbitration being a matter of contract, the parties are entitled to fix boundaries as to confer and limit the jurisdiction and legal authority of the arbitrator. An arbitration agreement can be comprehensive and…