The Level of Proof Which Arbitrators Use Wherein Testimony and Evidence

question 29

Multiple Choice

The level of proof which arbitrators use wherein testimony and evidence must be adequate to overcome opposing presumptions and evidence is called:

• A) ​Clear and convincing evidence.
• B) ​Preponderance of evidence.
• C) ​Beyond a reasonable doubt evidence.
• D) ​Misuse of Internet evidence.
• E) ​Incommunicative evidence.

---

Definitions:

Favorable Difference

A financial term indicating that actual revenues are higher than planned revenues or actual expenses are lower than planned expenses.

Unfavorable Difference

A situation where actual costs exceed the standard or expected costs, often referred to in budgeting and variance analysis.

Planned Results

The expected outcomes or objectives set by a business or project before it starts, often used for budgeting and performance evaluation.

Differences

Variances or disparities between entities, items, or processes that are being compared or evaluated.