Which of the Following Is True of Arbitration

question 88

Multiple Choice

Which of the following is true of arbitration?

• A) Lawsuits are initiated between the conflicting parties.
• B) Preliminary step of conciliation is often bypassed.
• C) International Chamber of Commerce has been weak and ineffective.
• D) Plaintiff and the defendant select a person each to present their case.
• E) ICC Court does not appoint any member to regulate the private affairs of the two parties.

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Definitions:

Conscious Mind

The aspect of the mind that is aware of one's self, thoughts, feelings, and surroundings.

Short-term Memory

Short-term memory is part of the memory system that holds a limited amount of information in mind for a short period of time, typically seconds to a few minutes.

Awareness Levels

Degrees of conscious knowledge or perception about a particular issue, subject, or situation.

Conscious

The thoughts, feelings, sensations, or memories of which a person is aware at any given moment.