The Decision of an Arbitrator May Be Overturned on Appeal

question 303

True/False

The decision of an arbitrator may be overturned on appeal if it is found that the arbitrator was incompetent as to knowledge of the law involved.

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Definitions:

Interest Rates

The cost of borrowing money or the return on investment for savings, typically expressed as a percentage.

Collateral

An asset that a borrower offers to a lender to secure a loan, which the lender can seize if the loan is not repaid.