Why Is the Arbitration of a Fact Dispute, Technically, Not

question 2

Essay

Why is the arbitration of a fact dispute, technically, not the practice of law?

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Definitions:

Indifference Curves

Graphical representations used in microeconomics to show combinations of two goods that give a consumer equal satisfaction and utility.

Convex

A shape or curve that bulges outward or is thicker in the middle than at the edges, often used in economic models to describe certain types of preference or utility functions.

Marginal Utility

The increased satisfaction obtained from the consumption of an extra unit of a good or service.

Money Income

The total income received by an individual or household in monetary form from all sources before any taxes.