Arbitration That Is Mandated by a Court Is Often Binding

question 48

True/False

Arbitration that is mandated by a court is often binding on the parties.​

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Definitions:

Reciprocity Norm

A social norm that expects individuals to respond to each other in kind, returning benefits for benefits and responding with either indifference or hostility to harms.

Free Samples

Small quantities of a product given to consumers at no cost to introduce the product and encourage future purchasing.

Mere Exposure Effect

A mental occurrence where individuals tend to favor items or concepts simply because they recognize or are accustomed to them.

Just-World Phenomenon

The belief that the world is fundamentally fair, leading people to rationalize injustice or misfortune as deserved by the victims.