An Arbitrator's Decision Rendered After Hearing the Cases Presented by the Parties

question 78

Multiple Choice

An arbitrator's decision rendered after hearing the cases presented by the parties to an arbitration is called an) :

• A)judgment.
• B)arbitration award.
• C)novation.
• D)binding arbitration.
• E)standing.

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Definitions:

Cash Payment

A transaction in which the payment for goods or services is made in cash at the time of purchase.

Debt Financing

A method of funding where a company raises capital through borrowing, typically from institutional sources or by issuing bonds.

Return On Equity

A measure of financial performance calculated by dividing net income by shareholders' equity, indicating how efficiently a company uses investments to generate earnings growth.

Contract Rate

The agreed-upon interest rate specified in a loan or bond contract.