Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,894,316,604 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Arbitration Clause

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Arbitration Clause
A clause in a contract stating that, in the event of a dispute, parties shall follow an extrajudicial means of resolution in which they make their cases before an impartial person or panel. The clause may also indicate the specific process the parties shall follow in the event of arbitration. The clause is intended to save both parties the time and expense of a lawsuit.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
[ILLUSTRATION OMITTED] When it comes to franchise law, one thing that China and the United States have in common is the recognition of the importance of arbitration clauses in franchise contracts.
A worker who speaks only Spanish and signed an employment contract written in English is bound by a mandatory arbitration clause within it, a divided Third Circuit panel has ruled, although the man argued that he could not understand the contract and did not know about the clause.
20) Stated another way, our corollary guides that when the language of an arbitration clause clearly erects arbitral boundaries preventing a party from appropriately arbitrating some types of claim, then a court interpreting the clause is left to conclude that the contracting parties intended that the extra-contractual or extra-textual claim must be non-arbitrable.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.