When an Arbitrator Is Called in to Hear a Grievance

question 35

Multiple Choice

When an arbitrator is called in to hear a grievance, which of the following will occur?

• A) The arbitrator will attempt to get both parties to communicate, but has no power to force a settlement.
• B) The arbitrator will offer compromise solutions and either party can choose whether to accept or refuse the solution offered.
• C) The arbitrator will meet separately with both parties and negotiate a compromise.
• D) The arbitrator will hear both parties and issue a decision which both parties must accept because an arbitrator's decision is binding.

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Definitions:

Shareholder Agreement

A contract among the shareholders of a company that specifies their rights, privileges, protections, and obligations.

Bylaws

The rules and regulations adopted by an organization or community to govern its actions and procedures.

Fundamental Changes

Significant alterations or transformations that affect the basic structure or core functions of an organization, system, or agreement.

Board of Directors

A group of appointed or elected members who jointly oversee the activities of an organization or corporation.