Understanding Voluntary and Mandatory Arbitration

Understanding Voluntary and Mandatory Arbitration

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains the differences between voluntary and mandatory arbitration. Voluntary arbitration occurs when parties agree to submit their dispute to an arbitrator, either before or after a dispute arises. Mandatory arbitration is required by law or court order. The distinction is important because the standard for review differs between the two types, which will be discussed in a separate video.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of arbitration being required by law?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is the standard for review different between voluntary and mandatory arbitration?

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