Literature review
Introduction to arbitration
International commercial arbitration is a method of solving disputes between international commercial institutions, as a result of disagreements arising between them during business interactions. It is a method that has been very much used in the recent past as a way to solve disputes easily since it does not follow formal agreements stipulated in legislative systems of the involved parties. These legal formalities are usually long, and the parties involved are mostly from different countries, with different legal backgrounds as well as cultural backgrounds, therefore, coming up with solutions normally becomes a very expensive and time consuming. This system of ...