Which of the following types of arbitration gives the parties the MOST incentive to reach a settlement on their own?
A) Target point arbitration
B) Take-it-or-leave-it arbitration
C) Strike-based arbitration
D) Neutral arbitration
E) Final-offer arbitration

Question

Quizplus · Accepted Answer

Final-offer arbitration gives the parties the most incentive to reach a settlement on their own because each party submits a final offer and the arbitrator must choose one of them, without any modification. This means that both parties are motivated to submit reasonable offers that are close to the middle ground in order to increase the chances that their offer will be chosen.

Which of the Following Types of Arbitration Gives the Parties