Law · Arbitration and Conciliation

Which of the following statements about international commercial arbitration is NOT correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1The parties may mutually agree upon the general principles and rules governing the procedure.
2Appeals against arbitral awards are typically limited to grounds of procedural impropriety or jurisdictional defects.
3Decisions must strictly be made by arbitrators in accordance with local civil codes, regardless of the parties' choice of law.✓
4Arbitration clauses usually exclude the general jurisdiction of national courts over the merits of the dispute.

Correct answer

Decisions must strictly be made by arbitrators in accordance with local civil codes, regardless of the parties' choice of law.

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