Arbitrators

Arbitrators

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video tutorial explains the role and selection of arbitrators in dispute resolution. It covers the criteria for choosing arbitrators, emphasizing their required expertise and impartiality. Various methods for selecting arbitrators are discussed, including each party choosing one arbitrator, who then select a third. The video also addresses the fee structure, highlighting the importance of splitting costs to prevent undue influence.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the general requirements for an arbitrator?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it important for arbitrators to have expertise in the type of dispute?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of arbitrators being disinterested parties?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How can parties choose an arbitrator?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the typical arrangement regarding the fees for an arbitrator?

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