UN Convention on International Settlement Agreements Resulting from Mediation (Singapore Convention) shall apply when : i. there exists a mediated written agreement between parties; ii. at least two parties to the settlement agreement have their places of business in different States; iii. settlement agreements concluded to resolve a dispute arising from transactions engaged in by one of the parties (a consumer) for personal, family or household purposes; iv. the State in which the parties to the settlement agreement have their places of business is different from either the State in which a substantial part of the obligations under the settlement agreement is performed; or the State with which the subject matter of the settlement agreement is most closely connected; Select the correct combination

Question

UN Convention on International Settlement Agreements Resulting from Mediation (Singapore Convention) shall apply when : i. there exists a mediated written agreement between parties;  ii. at least two parties to the settlement agreement have their places of business in different States;  iii. settlement agreements concluded to resolve a dispute arising from transactions engaged in by one of the parties (a consumer) for personal, family or household purposes;  iv. the State in which the parties to the settlement agreement have their places of business is different from either the State in which a substantial part of the obligations under the settlement agreement is performed; or the State with which the subject matter of the settlement agreement is most closely connected;  Select the correct combination

cdquestions Admin · Accepted Answer

The correct option is (A): i, ii, iv.

Answer

Answer

Answer

ii, iii, iv

Answer

I. Uti Possidetis	1. Principle in customary international law providing that where there has been a fundamental change of circumstances since an agreement was concluded, a party to that agreement may withdraw from or terminate it.
II. Pacta Sunt Servanda	2. Two or more states equally exercise sovereignty with respect to a territory and its inhabitants.
III. Condominium	3. Doctrine that territory remains with the possessor state at the end of war or occupation unless otherwise determined by a treaty or an agreement.
IV. Rebus Sic Stantibus	4. Proposition that treaties are binding upon the parties to them and must be performed in good faith.

The Correct Option is A

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