1.There are no concerns
about the validity of this arbitration clause. This is because it reflected the
mutual agreement and conscious of the two companies involved to turn to
arbitration as the means of solving their disputes. The companies did not
resort to other means of solving disputes after they failed to agree on how to
price the metal frames in order to make a profit. This is a requirement for any
agreement to be considered valid. The foundation of arbitration is the
agreement on the part of both parties to have their disagreement resolved via a
third-party arbitrator.
2.This is not a
pathological clause. The phrase "pathological clauses" is used to
refer to arbitration provisions that seem to have a fault or defects that are
likely to interfere with the normal flow of the arbitration process. Such
provisions have the potential to be a source of contention throughout the whole
of the case, from fights over which court has jurisdiction to objections posed
while the judgment is being enforced. However, not every
defect renders an arbitration provision invalid and unenforceable, meaning
that it may still be used. Interpretation may be used as a tool to help address
some of these issues, depending on the problem.
3.The law of the
arbitration clause applies in relation to whether a clause is valid or
pathological. When negotiating contracts, treaties, or individual arbitration
agreements, it is important to make this decision in advance whether
arbitration is to be used as the method of choice for the settlement of
disputes. However, if there is agreement from both sides, this may even be
included after a disagreement has already taken place. The parties are at free
to alter the provision in accordance with their needs and requirements. The
Arbitration Rules do not set any restrictions on the parties' ability to freely
choose the court and language of the arbitration, as well as the legal system
that will apply to the contract.
4.The contract law is
applicable to the claim that alleges a breach of the contractual term requiring
re-negotiation of the price annually. The common law of contracts in England
serves as a significant inspiration for Singapore's contract law, which is substantially
modelled after it. As a result, the guidelines that have been established by
the courts in Singapore are extremely similar to those that have been
established by English common law. There was no effort at all made by the
Parliament of Singapore to modify the Singapore's law of contract. As a
result of this, a significant portion of the law of contracts in Singapore
continues to take the form of judge-made regulations.
1. There
are no concerns about the validity of this arbitration clause. This is because
it reflected the mutual agreement and conscious of the two companies involved
to turn to arbitration as the means of solving their disputes. The companies
did not resort to other means of solving disputes after they failed to agree on
how to price the metal frames in order to make a profit. This is a requirement
for any agreement to be considered valid. The foundation of arbitration is the
agreement on the part of both parties to have their disagreement resolved via a
third-party arbitrator.
2. This
is not a pathological clause. The phrase "pathological clauses" is
used to refer to arbitration provisions that seem to have a fault or defects
that are likely to interfere with the normal flow of the arbitration process.
Such provisions have the potential to be a source of contention throughout the
whole of the case, from fights over which court has jurisdiction to objections
posed while the judgment is being enforced. However, not every
defect renders an arbitration provision invalid and unenforceable, meaning
that it may still be used. Interpretation may be used as a tool to help address
some of these issues, depending on the problem.
3. The
law of the arbitration clause applies in relation to whether a clause is valid
or pathological. When negotiating contracts, treaties, or individual
arbitration agreements, it is important to make this decision in advance
whether arbitration is to be used as the method of choice for the settlement of
disputes. However, if there is agreement from both sides, this may even be
included after a disagreement has already taken place. The parties are at free
to alter the provision in accordance with their needs and requirements. The
Arbitration Rules do not set any restrictions on the parties' ability to freely
choose the court and language of the arbitration, as well as the legal system
that will apply to the contract.
The contract law is applicable to the claim that alleges a breach of the contractual term requiring re-negotiation of the price annually. The common law of contracts in England serves as a significant inspiration for Singapore's contract law, which is substantially modelled after it. As a result, the guidelines that have been established by the courts in Singapore are extremely similar to those that have been established by English common law. There was no effort at all made by the Parliament of Singapore to modify the Singapore's law of contract. As a result of this, a significant portion of the law of contracts in Singapore continues to take the form of judge-made regulations