Which of the Following Is True of International Arbitration

question 24

Multiple Choice

Which of the following is true of international arbitration?

• A) Parties can select an arbitrator either before or after the dispute arises.
• B) An international arbitrator's decision is seldom a final decision.
• C) It is generally slower and more expensive.
• D) It is a public proceeding open to media scrutiny.
• E) An arbitral award is a judgment.

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Definitions:

Personal Lives

Aspects of an individual's life that are personal and private, relating to their family, home, and personal relationships.

Social Class

A division of a society based on social and economic status, affecting people's lifestyles, education, and occupational opportunities.

Wage Earners

Individuals who receive a regular wage or salary for their employment, often contrasting with those who earn income through investments or entrepreneurship.

Labor Protest

Collective action by workers, often in the form of strikes or demonstrations, to demand better pay, conditions, or rights from their employers.