Which of the Following Is True of Arbitration

question 46

Multiple Choice

Which of the following is true of arbitration?

• A) The record of proceedings is available to the press and others.
• B) The decisions arising from arbitration are binding on the parties.
• C) Arbitration cannot be imposed on the disputing parties.
• D) The parties themselves resolve all the matters of contention, without the intervention of a third party.
• E) The arbitrator need not be a disinterested party.

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Definitions:

Successful Relationship

A connection between individuals or entities characterized by mutual benefit, satisfaction, and achievement of shared goals.

Third Party Intervention

The involvement of an external party in a dispute to facilitate a resolution, often through mediation or arbitration.

ADR Effective

Refers to the efficacy of Alternative Dispute Resolution methods in resolving conflicts outside of the traditional legal systems.

Alternative to Litigation

Methods or processes used to resolve disputes without resorting to judicial proceedings.