Which of the Following Is True with Regard to Arbitration

question 74

Multiple Choice

Which of the following is true with regard to arbitration?

• A) Less formal evidentiary rules are applied at arbitration hearings.
• B) Arbitrators enter awards after reaching a decision.
• C) The parties often agree to be bound by the arbitrator's decision and award.
• D) All of these are correct.

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Definitions:

Management Acceptance

The process through which higher management approves and supports decisions, changes, or strategies for implementation within an organization.

Union Density Rate

A measure of the proportion of workers within a specific industry or country who are members of trade unions.

Industrial Development

The process of building up a country's capacity to process raw materials and manufacture goods for consumption or export.

Canadian Labor Law

The body of laws regulating employment, unions, and collective bargaining in Canada.