Which of the Following Statements Is True of Court-Annexed Arbitration

question 22

Multiple Choice

Which of the following statements is true of court-annexed arbitration?

• A) The arbitrator's decision is binding.
• B) A full trial cannot be held for a court-annexed arbitration case.
• C) The right of a dissatisfied party to reject a court-mandated arbitration decision is really necessary to preserve the disputants' due process rights.
• D) The court bears the costs of arbitration if a party chooses to go to court after arbitration.

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Definitions:

Price

The amount of money expected, required, or given in payment for something.

Delivery

The process of transporting goods from one place to another or the act of transferring the possession of a legal instrument.

Valid Offer

A legally binding proposal made by one party to another to form a contract, requiring clear terms, intention, and communication.

Knowledge

The understanding, awareness, or familiarity gained through education or experience.