Questions and Answers | A+ Score
Assured
A legal alternative to litigation is ______________________________.
("alternative conflict resolution") - 🧠 ANSWER ✔✔arbitration
Arbitration may be ______________________ or
___________________________. - 🧠 ANSWER ✔✔voluntary; specified in
a contract
Parties in a dispute present their positions to a
_________________________________ for resolution (arbitrator). - 🧠
ANSWER ✔✔neutral third party
Arbitration results can be _____________________ or
____________________. - 🧠 ANSWER ✔✔binding; non-binding
, With binding arbitration, the decision of an arbitrator can be
____________________________________________. - 🧠 ANSWER
✔✔converted into a legal judgement
Purpose of arbitration is to _____________________________________. -
🧠 ANSWER ✔✔reach a decision
Arbitration permits
__________________________________________________ to observe
any damage or other problems for themselves - particularly useful in
determining fault regarding ____________________________> - 🧠
ANSWER ✔✔all participating parties and the arbitrator; disclosure and
"expert matters"
Arbitrators are not bound by _____________________________. - 🧠
ANSWER ✔✔legal precedent
In situations involving customers, _______________________ is not
usually damaged. - 🧠 ANSWER ✔✔goodwill
Arbitration saves _______________, is ________________ and usually
______________ than a trial. - 🧠 ANSWER ✔✔time; flexible; less costly