In Recent Years, Arbitration Has Been Criticized for

question 34

Multiple Choice

In recent years, arbitration has been criticized for

• A)moving too quickly and resulting in short-sighted verdicts.
• B)not allowing any evidence.
• C)being too formal and time consuming.
• D)None of these are correct.

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Definitions:

Opportunity Cost

The act of abandoning potential benefits available in other choices upon selecting a specific alternative.

Room and Board

Refers to the combined cost of housing and food for students at a university or boarding school.

College Expenses

Costs associated with attending college, which can include tuition, room and board, books, supplies, and other living expenses.