In the case of arbitration:

In the case of arbitration:



A. lawsuits are initiated between the conflicting parties.

B. the preliminary step of conciliation is often bypassed.

C. the International Chamber of Commerce has been weak and ineffective.

D. the plaintiff and the defendant select a person each to present their case.

E. the ICC Court does not appoint any member to regulate the private affairs of the two parties.


Answer: D. the plaintiff and the defendant select a person each to present their case.


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International Marketing Chapter 7

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