Which of the Following Statements About an Arbitrator Is True

question 13

Multiple Choice

Which of the following statements about an arbitrator is true?

• A)The arbitrator usually encourages the disputing parties to compromise on their demands,but cannot force the parties to do so.
• B)The arbitrator has the unilateral power to issue a binding decision on the disputing parties,regardless of whether the parties agree with the decision.
• C)Arbitration has no discovery so a case that may have been settled during a conventional lawsuit might drag on.
• D)The arbitrator role is only useful before a lawsuit is filed by the parties.

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Definitions:

Recession

A quick phase of economic reduction, where industrial and trade dynamics slow down, typically delineated by a GDP decrease in two consecutive quarters.

Civil War

A war between groups within the same country or state, often stemming from political, social, or ethnic differences.

Worst Recession

Refers to the most severe period of economic decline during which trade and industrial activity are reduced, typically recognized by a fall in GDP in successive quarters.

World War II

A global conflict that lasted from 1939 to 1945, involving many of the world’s nations, and marked by significant events like the Holocaust and the use of atomic bombs.