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A special purpose vehicle is:
Final and Definite Award
In arbitration, a conclusive decision given by an arbitrator that resolves the dispute and is binding on all parties.
Arbitrator's Bias
A situation in which an arbitrator, who is supposed to act as an impartial third-party decision-maker in a dispute resolution process, shows unfair bias towards one of the parties.
Counterclaim
A claim made by the defendant against the plaintiff that is filed along with the defendant’s answer.
Negligence
Neglecting to uphold the level of care that a reasonably careful individual would have maintained under comparable circumstances, resulting in injury or damage.
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