The Settlement of a Difference Between Two Parties by an Arbitrator

question 65

True/False

The settlement of a difference between two parties by an arbitrator is legally binding.

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Definitions:

Extrinsic Motives

Motivation driven by external rewards or pressures rather than internal satisfaction or fulfillment.

Polygraph

A device that measures and records several physiological indices such as blood pressure, pulse, respiration, and skin conductivity while the person is asked and answers a series of questions.

Physiological Functioning

Refers to the normal operation of physical and biological processes in living organisms.

Drive-Reduction Theory

A concept in psychology that explains motivation as a mechanism to reduce an internal state of tension caused by unmet needs.