Encyclopedia > American Arbitration Association

  Article Content

American Arbitration Association

American Arbitration Association is one of several arbitration bodies that resolves disputes brought to it by members of the public. Many contracts include an arbitration clause naming the AAA as the arbital body that will adjudicate any conflicts between the parties. Parties chose arbitration because the costs of litigation and protracted length of time one must wait before a legal decision is made creates great uncertainty, especially in the world of commerce. See also: alternative dispute resolution.

External link



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Sanskrit language

... all of the words specify that to which the compound refers. A houseboat, for example, is both a house and a boat. tatpurusha There are many tatpurushas (one for each ...

 
 
 
This page was created in 30.5 ms