Which of the following statements is true regarding the use of arbitration as a form of alternate dispute resolution?
A) Arbitration is only available if the parties have included an arbitration clause in their agreement.
B) All arbitrators must meet particular mandatory qualifications.
C) Arbitration decisions are normally final and enforceable in courts.
D) Arbitration offers little flexibility in the degree of formality of its processes.

Question

Quizplus · Accepted Answer

Arbitration decisions, known as awards, are typically final and enforceable in courts, making arbitration a binding form of dispute resolution.

Which of the Following Statements Is True Regarding the Use