Question Tag: Arbitration

Search 500 + past questions and counting.

  • Filter by Professional Bodies

  • Filter by Subject

  • Filter by Series

  • Filter by Topics

  • Filter by Levels

  • 5 Marks

BL – Nov 2020 – L1 – SB – Q5a – Alternative Dispute Resolution

Define arbitration and describe an arbitral award.

Arbitration is a type of alternative dispute resolution mechanism.

Required:
Explain arbitration and arbitral award.

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – Nov 2020 – L1 – SB – Q5a – Alternative Dispute Resolution"

  • 1 Marks

BL – Nov 2022 – L1 – SA – Q20 – Alternative Dispute Resolution

Identifying the essential element of arbitration.

Which of the following is an essential element of arbitration?

A. The dispute must be criminal
B. The parties may reject the award
C. The parties must not use services of lawyers
D. The dispute must be justiciable
E. The award is unenforceable

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – Nov 2022 – L1 – SA – Q20 – Alternative Dispute Resolution"

  • 1 Marks

BL – May 2022 – L1 – SA – Q20 – Alternative Dispute Resolution

Identify the option that is not a mode of settling disputes out of court.

Which of the following is NOT a mode of settling disputes out of court?
A. Counselling
B. Conciliation
C. Arbitration
D. Mediation
E. Negotiation

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2022 – L1 – SA – Q20 – Alternative Dispute Resolution"

  • 3 Marks

BL – May 2021 – L1 – SB – Q5d – Alternative Dispute Resolution

Explanation of how an arbitral panel is composed in Alternative Dispute Resolution.

Arbitration is an Alternative Dispute Resolution (ADR) mechanism.

Required:
How is an arbitral panel composed or constituted?

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2021 – L1 – SB – Q5d – Alternative Dispute Resolution"

  • 1 Marks

BL – May 2021 – L1 – SA – Q18 – Alternative Dispute Resolution

Identifying the dispute resolution process involving a neutral third party.

The process by which parties to a dispute engage the assistance of a neutral third party to intervene in resolving the dispute is called

A. Mediation
B. Conciliation
C. Arbitration
D. Facilitation
E. Fence building

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2021 – L1 – SA – Q18 – Alternative Dispute Resolution"

  • 4 Marks

BL – Nov 2019 – L1 – SB – Q5c – Alternative Dispute Resolution

Explaining arbitration and identifying two key advantages of the process.

Disputes and differences between parties could be resolved or redressed through various means, including arbitration.
Required:
i. Explain briefly, the term “Arbitration”. (2 Marks)
ii. State TWO advantages of Arbitration. (2 Marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q5c – Alternative Dispute Resolution"

  • 4 Marks

BL – May 2023 – L1 – SB – Q6C – Alternative Dispute Resolution

Identify disputes that can and cannot be referred to arbitration.

Under Alternative Dispute Resolution (ADR), disputes can be resolved through arbitration. Required: State TWO disputes each: i. That can be referred to arbitration; ii. That cannot be referred to arbitration.

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q6C – Alternative Dispute Resolution"

  • 1 Marks

BL – May 2023 – L1 – SA – Q10 – Alternative Dispute Resolution

Identify the step a party dissatisfied with an arbitration final award could take.

Under Alternative Disputes Resolution, which of the following steps could a party dissatisfied with the arbitration final award take?

A. Seek redress in court
B. Refuse to honour the award
C. Decline acceptance of the award
D. Dictate his own award
E. Stalemate the arbitration process

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2023 – L1 – SA – Q10 – Alternative Dispute Resolution"

  • 1 Marks

BL – Nov 2019 – L1 – SA – Q20 – Alternative Dispute Resolution

Identifies the term used for the decision of an arbitration panel in ADR.

Under Alternative Dispute Resolution, the decision of an arbitration panel is:
A. Damages
B. Refund
C. Award
D. Sentence
E. Appeal

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – Nov 2019 – L1 – SA – Q20 – Alternative Dispute Resolution"

  • 8 Marks

BL – March July 2020 – L1 – SB – Q4c – Alternative Dispute Resolution

Explains four elements of arbitration as a form of Alternative Dispute Resolution

Arbitration is a form of Alternative Dispute Resolution.

Required:
State FOUR elements of arbitration.

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – March July 2020 – L1 – SB – Q4c – Alternative Dispute Resolution"

  • 5 Marks

BL – Nov 2020 – L1 – SB – Q5a – Alternative Dispute Resolution

Define arbitration and describe an arbitral award.

Arbitration is a type of alternative dispute resolution mechanism.

Required:
Explain arbitration and arbitral award.

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – Nov 2020 – L1 – SB – Q5a – Alternative Dispute Resolution"

  • 1 Marks

BL – Nov 2022 – L1 – SA – Q20 – Alternative Dispute Resolution

Identifying the essential element of arbitration.

Which of the following is an essential element of arbitration?

A. The dispute must be criminal
B. The parties may reject the award
C. The parties must not use services of lawyers
D. The dispute must be justiciable
E. The award is unenforceable

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – Nov 2022 – L1 – SA – Q20 – Alternative Dispute Resolution"

  • 1 Marks

BL – May 2022 – L1 – SA – Q20 – Alternative Dispute Resolution

Identify the option that is not a mode of settling disputes out of court.

Which of the following is NOT a mode of settling disputes out of court?
A. Counselling
B. Conciliation
C. Arbitration
D. Mediation
E. Negotiation

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2022 – L1 – SA – Q20 – Alternative Dispute Resolution"

  • 3 Marks

BL – May 2021 – L1 – SB – Q5d – Alternative Dispute Resolution

Explanation of how an arbitral panel is composed in Alternative Dispute Resolution.

Arbitration is an Alternative Dispute Resolution (ADR) mechanism.

Required:
How is an arbitral panel composed or constituted?

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2021 – L1 – SB – Q5d – Alternative Dispute Resolution"

  • 1 Marks

BL – May 2021 – L1 – SA – Q18 – Alternative Dispute Resolution

Identifying the dispute resolution process involving a neutral third party.

The process by which parties to a dispute engage the assistance of a neutral third party to intervene in resolving the dispute is called

A. Mediation
B. Conciliation
C. Arbitration
D. Facilitation
E. Fence building

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2021 – L1 – SA – Q18 – Alternative Dispute Resolution"

  • 4 Marks

BL – Nov 2019 – L1 – SB – Q5c – Alternative Dispute Resolution

Explaining arbitration and identifying two key advantages of the process.

Disputes and differences between parties could be resolved or redressed through various means, including arbitration.
Required:
i. Explain briefly, the term “Arbitration”. (2 Marks)
ii. State TWO advantages of Arbitration. (2 Marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q5c – Alternative Dispute Resolution"

  • 4 Marks

BL – May 2023 – L1 – SB – Q6C – Alternative Dispute Resolution

Identify disputes that can and cannot be referred to arbitration.

Under Alternative Dispute Resolution (ADR), disputes can be resolved through arbitration. Required: State TWO disputes each: i. That can be referred to arbitration; ii. That cannot be referred to arbitration.

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2023 – L1 – SB – Q6C – Alternative Dispute Resolution"

  • 1 Marks

BL – May 2023 – L1 – SA – Q10 – Alternative Dispute Resolution

Identify the step a party dissatisfied with an arbitration final award could take.

Under Alternative Disputes Resolution, which of the following steps could a party dissatisfied with the arbitration final award take?

A. Seek redress in court
B. Refuse to honour the award
C. Decline acceptance of the award
D. Dictate his own award
E. Stalemate the arbitration process

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – May 2023 – L1 – SA – Q10 – Alternative Dispute Resolution"

  • 1 Marks

BL – Nov 2019 – L1 – SA – Q20 – Alternative Dispute Resolution

Identifies the term used for the decision of an arbitration panel in ADR.

Under Alternative Dispute Resolution, the decision of an arbitration panel is:
A. Damages
B. Refund
C. Award
D. Sentence
E. Appeal

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – Nov 2019 – L1 – SA – Q20 – Alternative Dispute Resolution"

  • 8 Marks

BL – March July 2020 – L1 – SB – Q4c – Alternative Dispute Resolution

Explains four elements of arbitration as a form of Alternative Dispute Resolution

Arbitration is a form of Alternative Dispute Resolution.

Required:
State FOUR elements of arbitration.

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "BL – March July 2020 – L1 – SB – Q4c – Alternative Dispute Resolution"

Elevate your professional expertise across key business domains with our comprehensive training programs

Our offerings

Contact Info

  • +233203701923
    +233543919232
  • info@nbcinstitute.com

Customer

Get In Touch

Follow us on our social media and get daily updates.

Facebook-f Twitter Linkedin-in Envelope
error: Content is protected !!
Oops!

This feature is only available in selected plans.

Click here to view all plans

Click on the login button below to login if you’re already subscribed to a plan or click on the upgrade button below to upgrade your current plan.

Login
Upgrade Plan

If you’re not subscribed to a plan, click on the button below to choose a plan

Subscribe to a plan