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.
Lao. n. pl. Lao or Laos (louz). 1. A member of a traditionally Buddhist people inhabiting the area of the Mekong River in Laos and Thailand.2. The Tai language of the Lao. adj. Of or relating to the Lao or their language or culture.ao or Laos (louz). 1. A member of a traditionally Buddhist people inhabiting the area of the Mekong River in Laos and Thailand. 2. The Tai language of the Lao.