Walter receives and considers submissions from both parties involved in a commercial dispute.He will deliver his decision shortly.In accordance with the terms of the contract governing the disputing parties' relationship,they are bound to comply with that decision.What role does Walter play in providing a resolution to this dispute?
A) mediator
B) judge
C) arbitrator
D) adjudicator

Question

Quizplus · Accepted Answer

Walter is acting as an arbitrator, a neutral third party who makes a binding decision in a dispute based on the evidence and arguments presented by the parties involved. This is in line with arbitration processes where the decision is binding as per the terms of the contract between the disputing parties.

Walter Receives and Considers Submissions from Both Parties Involved in a Commercial