Enforcing Arbitration Awards: Procedures and Processes

Enforcing Arbitration Awards: Procedures and Processes

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains the process of enforcing arbitration awards under the Federal Arbitration Act and similar state processes. It details how parties can register an arbitration award with the court, which then becomes a judgment enforceable by the court's executive power. The tutorial also covers the methods available for enforcing these judgments, such as sending them to the Sheriff's Office for property execution.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of registering an arbitration award with the court under the Federal Arbitration Act?

To convert the award into a judgment enforceable by the parties

To ensure the award is fair and just

To make the award a public record

To allow the court to modify the award

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In most states, what is the initial step for enforcing an arbitrator's award?

Filing the award with the state's clerk of courts

Requesting a review by a panel of judges

Publishing the award in a legal journal

Appealing the award in a higher court

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the judge play in the process of enforcing an arbitrator's award?

The judge reviews and modifies the award

The judge signs off on the award, making it enforceable

The judge negotiates between the parties

The judge collects the award from the losing party

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which method is used to enforce an arbitrator's award similar to a court judgment?

Sending the judgment to the Sheriff's Office for collection

Mediation between parties

Public announcement of the award

Re-arbitration of the award

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the executive methods used to enforce a judgment?

Negotiating a new agreement

Execution on identified property

Re-evaluating the award

Publishing the judgment in a newspaper