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<Turki>
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If Steve and Ralph have a contract that includes a binding arbitration clause. The clause provides for arbitration of any dispute arising out of the contract. The clause also provides that the arbitrator is authorized to award damages of up to $100,000 in any dispute arising out of the contract. Steve allegedly breaches the contract. Ralph seeks arbitration, and the magnitude of its consequences, awards Ralph $150,000in damages. Would the court uphold the award? Why or why not?
 
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