Civil

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1. In ASSET PRIVATIZATION TRUST, petitioner, vs.

CA, the issues submitted for arbitration have been limited are: (1) propriety of the plaintiffs filing the derivative suit (2) the regularity of the foreclosure proceedings

a. b. c. d.
Answer: A

Both statements are true Both statements are false Only the first statement is true Only the second statement is true

2. First Statement:

The award of an arbitrator can be set aside for mere errors of judgment either as to the law or as to the facts.

Second Statement: The arbitrators cannot resolve issues beyond the scope of the submission agreement.

a. b. c. d.

Both statements are true Both statements are false Only the first statement is true Only the second statement is true

Answer: B, The award of an arbitrator cannot be set aside for mere errors of judgment either as to the law or as to the Facts.

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