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.
The locational arbitrage means when the currency exchange rate differs from location to location. Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price.It involves buying low in one location and selling high in another, capitalizing on differences in prices, resources, or market conditions. In a municipal government, for example, the police, fire, public works, and parks departments may independently enter into lease obligations without central. "The basic definition of geoarbitrage is taking advantage of the difference in costs between two geographic locations, while having the same kind of lifestyle.