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Ben and Jerry Enter into a Business Agreement to Assemble

Question 45

Multiple Choice

Ben and Jerry enter into a business agreement to assemble and sell prepackaged salads. In their written agreement, they both agree that they will be required to settle all disputes through arbitration. Which of the following is true of this situation?


A) This is an example of a mandatory arbitration clause.
B) This is an example of a voluntary arbitration clause.
C) This is an example of a caucus.
D) This is an example of court-annexed mediation.
E) This is an example of a postdispute arbitration agreement.

Correct Answer:

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