PPL518 Tma Solutions

PPL518

Question: One of these is a category of arbitration agreement
Answer: submission agreement

Question: An arbitrable dispute is
Answer: capable of settlement by arbitration

Question: What should a court do when a party informs it of the existence of an arbitration clause
Answer: Order a stay of proceedings and refer the parties to arbitration

Question: The term \’clause compromissoire\’ refers to
Answer: a future dispute

Question: One of these is not correct about an arbitration agreement
Answer: It must be under seal

Question: A settlement clause usually deals with
Answer: an existing dispute

Question: Gold (Italy) LLC is involved in the mining of gold in Zamfara State and has registered as a foreign investor under the Nigerian Investment Promotion Act. In the event of a dispute, it will be resolved
Answer: under the ICSID system

Question: When may a party notify court of the existence of an arbitration agreement?
Answer: When submitting the first statement on the substance of the dispute

Question: The term \’compromis\’ refers to
Answer: an existing dispute

Question: In Onuselogu v. Afribank the court held that
Answer: the court notd that an agreement to arbitrate must be voluntary

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