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Gman01234 Gman01234
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2 years ago
Helen is the owner of a Japanese company that manufacturers car audio parts. Several months ago she received a favourable award in an arbitration in Japan against a Canadian car manufacturer for unpaid bills. The Canadian manufacturer has several assets in Canada, but none in Japan. Which of the following statements is true?

▸ The award cannot be enforced in Canada since it took place in Japan.

▸ The award must be enforced in Japan, but since the Canadian manufacturer has no assets in Japan, it is highly unlikely that Helen will ever receive the award.

▸ The award cannot be enforced since the dispute was settled by arbitration.

▸ The award can be enforced by a court anywhere in Canada.

▸ The award must be enforced in Japan, and since the Canadian manufacturer only has assets in Canada, it is highly unlikely that Japan will litigate further.
Textbook 
Legal Fundamentals for Canadian Business

Legal Fundamentals for Canadian Business


Edition: 4th
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LoolyLooly
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2 years ago
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Gman01234 Author
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2 years ago
Good timing, thanks!
bkrandy
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Yesterday
You make an excellent tutor!
zbmallo3
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2 hours ago
Thanks
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