3.1. Essentials, Kinds, Validity

Try these first

1. 1.

   What must an arbitration agreement be in?

   Hint

   Think about the first essential requirement.

2. 2.

   Name one type of arbitration.

   Hint

   Recap some terms we just discussed.

3. 3.

   Which of the following is NOT a requirement for a valid arbitration agreement?

   • In writing
   • Clear intent to arbitrate
   • Vagueness

   Hint

   Consider what makes an agreement enforceable.

4. 4.

   True or False: An arbitration clause can be part of a main contract.

   • True
   • False

   Hint

   Think about the flexibility of arbitration.

5. 5.

   Imagine a situation where two parties enter into an arbitration agreement. After a dispute arises, one party claims that the agreement was never valid due to unclear terms. Analyze the situation and discuss the implications.

   Hint

   Focus on how clarity impacts enforceability.

6. 6.

   Consider a scenario where a party signs an arbitration agreement under pressure from another party. Discuss its validity and what actionable steps can be taken.

   Hint

   Think about consent and freedom of choice.