PPL518
1. In the case of Iptrade v. Nigeria it was established that
States and state entities lack capacity to enter into arbitration agreements
States and state entities may claim immunity against arbitration
A state that freely enters into an arbitration agreement has waived its sovereign immunity
A state may revoke a waiver of sovereign immunity if confirmed by its highest court
2. Choice of seat signifies
physical location where arbitration may take place
adoption of laws to govern arbitration
nature of rules the parties will agree to be subject to
choice of place of appeal
3. Which of the following categories of persons absolutely lacks capacity to enter into an arbitration agreement
Infants
None of the options
Persons of unsound mind
All of the options
4. Another name of the doctrine of separability is the doctrine of …………….. of the the arbitration clause
immunity
superiority
equality
autonomy
5. Which of these determines the length of an arbitration agreement or submission clause
The quality of drafting
the practicalities of the situation
The size of the contract sum
The requirements of the ACA
6. What is the best remedy for a breach of an aritration agreement
Imprisonment
Damages
Enforcement
All of the options
7. The following may apply in an commercial arbitration except
None of the options
lex arbitri
lex loci arbitri
All of the options
8. By virtue of section ……….. of the ACA, a court may order stay of proceedings upon the request of a party to an action subject of an arbitration agreement
5(1)
5(2)
4(2)
4(1)
9. Which of the following cases does not deal with the power of court to stay proceedings to enable parties submit to an arbitration agreement
P&ID v. FGN
Minaj Systems Ltd. v. Global Plus Communications Systems
Niger Progress Ltd. v. NEI Corporation
MV Lupex v. Nigerian Overseas Chartering and Shipping Ltd.
10. Which of these is not a requirement for a valid arbitration agreement?
It must be in writing
it must be in respect of an arbitrable issue
Parties must have capacity to enter into the agreement
the agreement must be enforceable
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