Examlex
Which of the following industries would most likely take advantage of lower costs in some less developed foreign countries?
Arbitrator's Decision
A legally binding resolution made by an arbitrator, who is a neutral third party, in a dispute between parties outside of court.
Appeal
The process by which a case is brought before a higher court for review of the decision of a lower court.
Deference
The respectful submission or yielding to the judgment, opinion, or decision of another.
Private Trial
An ADR method in which a referee is selected and paid by the disputing parties to offer a legally binding judgment in a dispute.
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