Examlex
Which of the following is not a difficulty in implementing nonfinancial performance measurement systems?
Nonbinding Arbitration
A type of arbitration in which the arbitrator's decision is not legally enforceable, allowing the parties to seek a trial if dissatisfied with the outcome.
Binding Arbitration
An arbitration agreement where the decision made by the arbitration panel is final and legally binding on all parties.
Court
A governmental institution authorized to resolve legal disputes between parties and administer justice in legal cases.
Submission Agreement
A contract in which the parties agree to submit to arbitration to resolve disputes instead of going to court.
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