As part of a deal for power-generating equipment, Solar Wind Company and Thermal Gen Ltd. enter into a written contract that includes a clause providing for the arbitration of any dispute in the United States. Under the New York Convention, if a dispute arises, a court will compel arbitration if both parties are a. not U. S. citizens. b. citizens of non-signatory countries. c. citizens of countries that are members of the World Trade Organization. d. U. S. citizens.

Question

Blake Holloway

Business

28 May, 00:55

As part of a deal for power-generating equipment, Solar Wind Company and Thermal Gen Ltd. enter into a written contract that includes a clause providing for the arbitration of any dispute in the United States. Under the New York Convention, if a dispute arises, a court will compel arbitration if both parties are a. not U. S. citizens. b. citizens of non-signatory countries. c. citizens of countries that are members of the World Trade Organization. d. U. S. citizens.

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Answers (1)

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Boston Miranda · Answer 1

The correct answer is a. not U. S. citizens.

Explanation:

The New York convention provides for international arbitration, and for this reason both parties are required not to have US nationality. This court is in charge of reviewing each situation in particular and issuing its judgments according to the foundations of those involved