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Arbitration agreement

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Перевод arbitration agreement на русский язык

arbitration agreement
The two companies signed an arbitration agreement to resolve their disputes.
Две компании подписали арбитражное соглашение для разрешения своих споров.

Опеределения

An arbitration agreement is a written contract in which two or more parties agree to resolve disputes outside of court through arbitration, a process in which an impartial third party, known as an arbitrator, makes a binding decision on the matter.