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19 May, 15:59

Which of the following statements is true about arbitration and mediation?

Answer choices:

A / the disagreeing parties must agree with the third party's decision

B / the disagreeing parties are bound to the settlement proposed by the mediator once the case is decided

C / the disagreeing parties are bound to the decision proposed by the arbitrator if they agreed to do so beforehand

D / the recommendations of the third parties prevent information involvement with the courts for dispute settlement

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Answers (1)
  1. 19 May, 16:01
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    In arbitration and mediation, the disagreeing parties are bound to the decision proposed by the arbitrator if they agreed to do so beforehand.

    Arbitration is an alternative means to settle a dispute between people who cannot agree instead of going to court. The arbitrator or arbitrators are chosen by the people. When the people submit to arbitration, they agree to be bound to the arbitrators decison.
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