Which Statement Does Not Apply to Arbitration of a Contractual

question 32

Multiple Choice

Which statement does not apply to arbitration of a contractual dispute?

• A) Arbitration clauses are contained in a contract.
• B) Arbitration is mandated by provincial statute.
• C) Agreements often specifically provide that the arbitration proceedings are confidential.
• D) Arbitration is a quicker way of resolving disputes.
• E) Arbitration decisions do not form part of the Common Law.

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Definitions:

Marginal Product

The additional output produced by using one more unit of a particular input, while holding other inputs constant.

Marginal Product

The increase in output that results from employing one additional unit of a factor of production, while holding other factors constant.

Additional Worker

An employee hired to increase the workforce, contributing to higher production or service capacity.

Firm

An organization that uses resources to produce goods or services for profit in an economic system.