Federal Arbitration Act

The video explains the Federal Arbitration Act, which sets rules for arbitration and requires federal courts to respect arbitration awards. It discusses the Act's varying impact on state courts and how disputes under federal law are generally subject to the Act's procedures.

What is the primary purpose of the Federal Arbitration Act?

• To create new federal laws

• To establish rules for arbitration

• To oversee criminal cases

• To regulate state court procedures

How do federal courts generally interact with arbitration awards?

• They respect and adhere to them

• They modify them

• They ignore them

• They challenge them

What does the Federal Arbitration Act lend to an arbiter's award?

• Ambiguity

• Credence

• Disregard

• Suspicion

How does the Federal Arbitration Act affect state courts?

• It has no effect

• It overrides state laws

• It applies uniformly across all states

• It has varying levels of applicability

In what type of disputes is the Federal Arbitration Act generally applied?

• Disputes over property rights

• Disputes between private individuals

• Disputes involving federal law or jurisdiction

• Disputes involving state law