Multiple choice

Which of the following is not an essential ingredient for a valid arbitration agreement?

  1. The parties must be ad idem.

  2. There should be an animus arbitrandi.

  3. The agreement must be in writing.

  4. The agreement must be registered.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Unregistered arbitration agreements are valid and can be enforced for the purpose of the resolution of dispute between the parties.

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