A Benefit of Arbitration Is Which of the Following,according to the Text

question 9

Multiple Choice

A benefit of arbitration is which of the following,according to the text?

• A)Arbitration is generally less expensive than litigation.
• B)Arbitrations prohibit the use of legal counsel.
• C)Arbitrations can be set aside on appeal for the same reasons as court judgments.
• D)Arbitrators are bound by the same rules as judges in applying precedent.
• E)Arbitrators are assigned so parties do not have to pick them.

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Definitions:

Specific Performance

A legal action taken to compel a party to carry out the terms of a contract rather than awarding damages for breach of contract.

Injunction

A legal order issued by a court that directs an individual or organization to do or refrain from doing a specific act, used to prevent harm or secure relief.

Confidential Information

Sensitive data that is not public knowledge and is protected from unauthorized disclosure under legal, contractual, or professional duties.

Specific Performance

A legal remedy in contract law which mandates the exact performance of an agreement, rather than a monetary award for breach.