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Universiti Tunku Abdul Rahman Faculty Business and Finance January 2020 Trimester Ubml1053 Business Law

The document contains 3 questions from a business law tutorial focusing on alternative dispute resolution and enforcement of judgment. Question 1 asks about the types of alternative dispute resolution in Malaysia, which include mediation, arbitration, and conciliation. Question 2 provides details on mediation under the AIAC Mediation Rules, including that it is voluntary and solution-driven. Question 3 asks for the definition of arbitration, as proceedings in Malaysia are governed by the Arbitration Act 2005.

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Zhichein Wong
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34 views

Universiti Tunku Abdul Rahman Faculty Business and Finance January 2020 Trimester Ubml1053 Business Law

The document contains 3 questions from a business law tutorial focusing on alternative dispute resolution and enforcement of judgment. Question 1 asks about the types of alternative dispute resolution in Malaysia, which include mediation, arbitration, and conciliation. Question 2 provides details on mediation under the AIAC Mediation Rules, including that it is voluntary and solution-driven. Question 3 asks for the definition of arbitration, as proceedings in Malaysia are governed by the Arbitration Act 2005.

Uploaded by

Zhichein Wong
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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UNIVERSITI TUNKU ABDUL RAHMAN

FACULTY BUSINESS AND FINANCE

JANUARY 2020 TRIMESTER

UBML1053 BUSINESS LAW

TUTORIAL QUESTIONS

TUTORIAL 3
Topic 1B – Alternative Dispute Resolution and Enforcement of Judgment

Q1. Alternative dispute resolution is a collective term for the methods that parties can use
to settle their disputes without resorting to court proceedings. Explain the types of
alternative dispute resolution in Malaysia.

Q2. Mediation is a voluntary, out of court, solution driven and party orientated method of
dispute resolution. Mediation may be carried out between two or more parties by way
of seeking the assistance of a trained and impartial third party, the Mediator, to assist
the parties to negotiate a mutually beneficial and acceptable agreement. Describe the
mediation stated under the AIAC Mediation Rules and prescribed schedules of fees
for domestic and international mediation

Q3. Arbitration proceedings in Malaysia are governed by the Arbitration Act 2005. Define
the meaning of arbitration.

UBML1053 Business Law

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