How Does Final Offer Arbitration FOA)offer a Way Around Some

question 13

Multiple Choice

How does final offer arbitration FOA) offer a way around some of the difficulties of conventional arbitration?

• A)It creates a very severe disincentive to unreasonable behaviour,and thus increases the likelihood of settlement.
• B)It always uses a single arbitrator,whereas conventional arbitration normally uses a three- person panel.
• C)It is always conducted in a warm room,and therefore the "chilling" effect cannot occur.
• D)It increases the range of options available to the arbitrator.
• E)It gives the parties a warm and cozy feeling that increases the likelihood of settlement.

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Definitions:

Fired

The termination of employment by an employer, often due to misconduct, poor performance, or economic constraints.

Apparent Authority

A situation where a person appears to have been given the power by another (such as an employer) to act on their behalf, leading others to reasonably believe they have such authority.

Gratuitously

Done without receiving any return or compensation; freely.

Principal

The original sum of money lent or invested, excluding any interest or dividends.