Asked by Jatesha Peters on Jul 09, 2024

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A ________ allows the parties to submit a specific dispute involving a contractual provision to arbitration if a contract does not provide for arbitration.

A) submission agreement
B) binding mediation clause
C) binding arbitration clause
D) resolution submission clause
E) Courts do not allow parties to submit anything if the contract does not provide for arbitration

Submission Agreement

A contract which provides that a specific dispute will be resolved in arbitration.

  • Gain an understanding of the core principles and different forms of Alternative Dispute Resolution (ADR), such as arbitration and mediation.
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JM
jason mcelyeaJul 10, 2024
Final Answer :
A
Explanation :
A submission agreement is specifically designed to allow parties to agree to submit a particular dispute to arbitration, even if their original contract does not include an arbitration clause. This enables parties to opt for arbitration for resolving specific disputes that arise, despite the absence of a pre-existing arbitration provision in their contract.