What would not be considered as part of the costs of the arbitration process?
A) The winner having to cover legal fees for the loser
B) Legal fees
C) Lost production
D) Lost labour

Question

Quizplus · Accepted Answer

The winner covering legal fees for the loser is not a cost of the arbitration process, but rather an outcome or consequence of the decision reached through arbitration.

Answer: C and D
 Lost production and lost labor can be considered costs of the arbitration process as they are direct results of the dispute that requires arbitration. The expense related to legal fees can also be considered as costs of the arbitration process.

What Would Not Be Considered as Part of the Costs