What is the primary goal of dispute resolution?

To maintain business relationships and economic stability

What is the main difference between arbitration and mediation?

Arbitration leads to a binding decision, while mediation does not

What is a common jurisdictional issue in international transport?

Identifying the right court to hear a dispute

Which key challenge does technology pose to transport law?

Cybersecurity threats and data privacy concerns

Which of the following is a challenge in transport law due to geopolitical tensions?

Increased tariffs and trade restrictions

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Dispute Resolution

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Answers

1
What is the primary goal of dispute resolution?
To delay legal processes
To make international trade more expensive
To punish the losing party
To maintain business relationships and economic stability
2
What is the main difference between arbitration and mediation?
Arbitration is always voluntary
Arbitration leads to a binding decision, while mediation does not
Mediation only applies to government disputes
Mediation is more expensive than arbitration
3
What is a common jurisdictional issue in international transport?
Identifying the right court to hear a dispute
Resolving disputes over ship registration
Ensuring proper documentation for cargo
Choosing the correct incoterms for a contract
4
What is the first step in the WTO Dispute Settlement Process?
Compliant
Consultations
Retaliation measures
Panel examination
5
Arbitration decisions in transport disputes are always non-binding.
False
True
6
The WTO Dispute Settlement Mechanism is designed to resolve trade disputes between businesses, not countries.
True
False
7
Which key challenge does technology pose to transport law?
Cybersecurity threats and data privacy concerns
Decreased need for legal frameworks
Reduction in international trade
Lack of technological advancement
8
Which of the following is a challenge in transport law due to geopolitical tensions?
Decreased competition
Less need for customs regulations
Reduced use of arbitration
Increased tariffs and trade restrictions
9
In a dispute over maritime transport contracts, which legal principle determines which country’s laws apply?
Jurisdiction of the ship’s flag state
The nationality of the carrier
The country where the contract was signed
Choice of law
10
Which dispute resolution method allows parties to reach a voluntary settlement with the help of a neutral third party?
Mediation
Negotiation
Litigation
Arbitration

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