Arbitrators Are Bound by Judicial Precedent

question 52

True/False

Arbitrators are bound by judicial precedent.

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Definitions:

External-Unstable

A cause for an event that is outside one's personal control and is not consistent over time.

Scholarship

A form of financial aid awarded to students based on academic or other achievements to support their education.

Sternberg

Refers to Robert Sternberg, an American psychologist best known for his theory on intelligence, which includes analytic, creative, and practical components.

Component

Represents a part or element of a larger whole, especially a part of a machine or system.