Identify and State the Historical Significance of the Following

question 21

Short Answer

Identify and state the historical significance of the following:
-Walter Rauschenbusch

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Definitions:

Arbitration

A form of alternative dispute resolution where a neutral third party hears evidence from the disputants and makes a decision that can be binding.

Traditional Litigation

The process of resolving disputes by bringing them to court, as opposed to alternative dispute resolution methods.

Criticisms

The expression of disapproval based on perceived faults or mistakes.

Arbitration Agreement

A legally binding contract in which two or more parties agree to resolve their disputes through arbitration rather than through litigation in court.