When can an arbitration award be set aside?
A) If the parties do not like the outcome of the arbitrator's award.
B) If the award resulted from fraud, corruption or the arbitrator misbehaved in a way that prejudiced the rights of the parties.
C) If the courts do not like the arbitrator that the parties picked.
D) If the arbitrator was a lawyer and not a judge.
E) If the arbitrator was a judge and not a lawyer.

Question

Quizplus · Accepted Answer

An arbitration award can be set aside if there was fraud, corruption, or misbehavior by the arbitrator that prejudiced the rights of the parties. This is a legal ground recognized in many jurisdictions for challenging an arbitration award.

When Can an Arbitration Award Be Set Aside