This arbitration agreement is executed contemporaneously with, and as an Inducement and consideration for, an Installment or sales contract for the purchase of a manufactured home. It provides that all claims or disputes arising out of or relating in any way to the sale, purchase, or occupancy of manufactured home resolved by binding arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. This Agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process. The parties waive any right to a court trial.
Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price. Arbitrage is when an asset (stocks, currencies, etc.) is bought in one market and sold in another for a higher price.Arbitrage is the strategy of taking advantage of price differences in different markets for the same asset. Arbitrage refers to an investment strategy designed to produce a risk-free profit. For example, an arbitrage opportunity is present when there is the possibility to instantaneously buy something for a low price and sell it for a higher price. Arbitrage in trading is the practice of simultaneously buying and selling an asset to take advantage of a difference in price. Arbitrage is a financial process that occurs when someone sells the same asset in two different markets simultaneously, one at a higher price than the other. "Arbitrage" literally means riskless profit. What people call arbitrages are usually low but not zero risk strategies.