Examlex
Which of the following statements is TRUE regarding the abbreviation TFT?
Arbitration Agreement
is a contract in which parties agree to resolve disputes outside of court, through an arbitration process.
Arbitration Agreement
A contract in which parties agree to settle a dispute outside of court through the process of arbitration, where an arbitrator's decision can be binding or non-binding.
Arbitrators Bias
A situation where an arbitrator shows partiality or prejudice, affecting their neutrality in dispute resolution.
Federal Arbitration Act
A United States federal statute that provides for the enforcement of arbitration agreements and allows for the resolution of disputes outside the court system.
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