CAF-4 · Chapter 6 · Question 4 of 15
An agreement to refer any future dispute to arbitration is:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Valid.
Explanation
Agreements to refer disputes to arbitration are a recognized exception to the rule against restraint of legal proceedings (Section 28).
More Void agreements MCQs
- Q6Azam agrees to sell to Babar 'one hundred tons of oil'. There is nothing whatever to show what kind of oil was intended. The agreement is:
- Q7An agreement to 'wager' (bet) is:
- Q8Which of the following is an exception to the rule that wagering agreements are void?
- Q9What is the primary difference between a 'contingent contract' and a 'wagering agreement'?
- Q10An agreement to do an act impossible in itself is: