Voluntary arbitration meansA) the involvement of government and an imposition of the government's decision by the courts.B) that those involved in the dispute submit their dispute to a neutral third party.C) voluntary acceptance of the arbitrator's decision by either side.D) neither side will have to compromise and compliance is voluntary.

Question

Voluntary arbitration means​A)  ​the involvement of government and an imposition of the government's decision by the courts.B)  that those involved in the dispute submit their dispute to a neutral third party.​C)  voluntary acceptance of the arbitrator's decision by either side.​D)  neither side will have to compromise and compliance is voluntary.​

HARDIK PRAJAPATI · Accepted Answer

Final Answer : B, Explanation :  Voluntary arbitration involves the parties in the dispute submitting their dispute to a neutral third party. It is a form of alternative dispute resolution where the parties agree to abide by the decision of the arbitrator. It is voluntary in the sense that the parties willingly agree to participate in the process and are not forced to do so by a court or government authority.

Definitions

Learning Objectives

Learning Objectives

Related questions