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Understanding Arbitration: An Alternative to Trial

Understanding Arbitration: An Alternative to Trial

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

Arbitration is a form of alternative dispute resolution, serving as an alternative to trial. Parties may enter arbitration either mandatorily by statute or voluntarily through agreements. Instead of litigating, they submit disputes to an arbitrator who makes a decision, resolving the issue and issuing an arbitration award.

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3 mins • 1 pt

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