Unlike Mandatory Arbitration,voluntary Arbitration Is __________

question 26

Multiple Choice

Unlike mandatory arbitration,voluntary arbitration is __________.

• A) based on parties' agreement after dispute arises or on contract clause before dispute arises
• B) unconstitutional in most states
• C) coercive because it provides an unfair advantage to the party creating the contract
• D) time consuming and expensive when compared to litigation
• E) impractical because agreements are too difficult to reach in early contract negotiations

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Definitions:

EBIT

Earnings Before Interest and Taxes captures a business's earning power by including all costs except those related to interest and taxes.

Times Interest Earned

A metric that measures a company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.

Current Assets

Resources anticipated to be exchanged for cash, disposed of, or utilized within a twelve-month period or over the usual duration of the company's operational cycle, if that period extends beyond a year.

Current Liabilities

Short-term financial obligations due within one year, including debts and accounts payable.