Which of the following statements is true about arbitration?
A) Arbitration is less efficient than litigation.
B) An official record of the arbitration hearing is always made to check for discrepancies.
C) An arbitrator can question the witness for information.
D) A legal counsel is required in arbitration.

Question

Quizplus · Accepted Answer

An arbitrator has the authority to question witnesses and gather information just as a judge does in litigation. A is incorrect as arbitration is generally considered to be a faster and less costly alternative to litigation. B is incorrect as there is no required official record of the arbitration hearing, although one may be kept if both parties agree to it. D is incorrect as legal representation is not required in arbitration, although parties may choose to have an attorney present if they wish.

Which of the Following Statements Is True About Arbitration