Simplex Corporation Agrees to Deliver a Certain Grade of Silicon

Essay

Simplex Corporation agrees to deliver a certain grade of silicon to TruTools Company.When the silicon arrives,TruTools claims that it is an inferior grade.The parties submit their dispute to Uri,an arbitrator who is an expert in the silicon industry.Who sets the rules for an arbitration proceeding ?Are these rules likely to be less restrictive or more restrictive than the rules governing a court proceeding ?Why?