An arbitration agreement is a contract by which the parties undertake to submit a present or future dispute to the decision of one or more arbitrators, to the exclusion of the courts.
2 â¢ LOCATION. Laos is a small landlocked country in Southeast Asia bordering on Thailand, Myanmar (Burma), China, Vietnam, and Cambodia. Laos has an area of about 91,400 square miles (236,800 square kilometers), roughly the size of Idaho.
Laos is ruled the Pathet Lao, which is a Communist Party. Laos is  usually considered a single-party socialist republic, which is a  fancy way of saying communist in the w â¦ ay that China and Vietnam  are Communist. 4 people found this useful.he Swiss Confederation(Switzerland) is currently ruled by a Federal Republic.   Answer 2 Switzerland is a confederation of 26 semi-independent cantons. A canton is equiva â¦ lent to what is called a state in English-speaking federal countries. It has a very democratic system of government.