Which of the Following Statements Best Represents the Distinction Between

question 86

Multiple Choice

Which of the following statements best represents the distinction between binding and nonbinding arbitration?

• A) Unlike nonbinding arbitration, binding arbitration takes place at a court, in the presence of a judge.
• B) If the arbitration is nonbinding, the decision and award of the arbitrator can be appealed to the courts.
• C) A nonbinding arbitration takes place at a court, in the presence of the jury.
• D) A nonbinding arbitration implies that the arbitrator's decision must be reinforced by the courts.

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Definitions:

Evacuation system

A mechanism or infrastructure designed for the safe and efficient removal of people from a dangerous or potentially dangerous area.

Plasma

The liquid component of blood, comprising about 55% of its volume, in which cells and other components are suspended.

Liquid portion

The liquid component of a substance, often referred to in contexts such as blood, where it is the part not containing cells.

Blood cells

Cells that circulate in the bloodstream, comprising red blood cells (erythrocytes), white blood cells (leukocytes), and platelets (thrombocytes).