Solved

One Advantage of Conventional Interest Arbitration Is That

Question 27

Multiple Choice

One advantage of conventional interest arbitration is that:


A) It may cause a "narcotic effect," making the two parties more likely to turn to arbitration to settle other disputes in the future.
B) It reduces the cost of not reaching agreement,thereby causing a "chilling effect" on the parties' incentive to reach an agreement.
C) It affords the arbitrator the least degree of flexibility to determine an appropriate settlement outcome,opening the door to arbitration.
D) It affords the arbitrator the greatest degree of flexibility to determine an appropriate settlement outcome.
E) Anticipating arbitration may change psychology of how bargaining teams bargain.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents