What is the major difference between domestic and international arbitrations? In
ID: 1160011 • Letter: W
Question
What is the major difference between domestic and international arbitrations?
International arbitration awards have limited enforceability in many countries.
American courts do not recognize the validity of international arbitration.
International arbitration awards have wide enforceability in many countries.
The arbitration rules differ between the arbitration organizations.
International arbitration awards have limited enforceability in many countries.
American courts do not recognize the validity of international arbitration.
International arbitration awards have wide enforceability in many countries.
The arbitration rules differ between the arbitration organizations.
Explanation / Answer
"International arbitration awards have wide enforceability in many countries"
International arbitration is considered much wider and preferred for commercial disputes because its awards are considered in many different countries making it easier for the company involved in the case. The answer is "C".
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