Which of the Following Statements Best Describes the Difference Between

question 68

Multiple Choice

Which of the following statements best describes the difference between arbitration and litigation for international dispute resolution?

• A) Unlike arbitration,once litigation has begun,the parties can negotiate around many rules of a legal system.
• B) International arbitral bodies often have less experience in dealing with international commercial disputes than their judicial counterparts.
• C) Arbitral bodies,unlike courts,can generally keep the nature and the outcome of the dispute confidential.
• D) Litigation is potentially more flexible and allows the structure,formalities,and proceedings to be tailored to the specific case at hand.

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Definitions:

Written Assessment

A form of evaluation that involves responses or answers being provided in written form to measure understanding, skills, or competencies.

Randomized Clinical Trial

A scientific study in which participants are randomly assigned to one of the treatment or control groups to assess the efficacy of a medical intervention.

Before-after Study

A study design in which the same group of subjects is measured before and after a specific intervention or event, to assess its effects.

Case-control Study

A type of observational study where two groups are compared: those with the disease or outcome of interest (cases) and those without the disease (controls), to identify factors that may contribute to the disease's presence.