Which of the following statements is true of voluntary arbitration?
A) Submission is required by statute.
B) The court will conduct a de novo hearing when reviewing the arbitration reward.
C) The procedure is associated with a court's supervision, and discovery is usually done.
D) The quality of the outcome is considerably affected when compared to mandatory arbitration.
E) The procedure is not tied to a court and is not bound by rules of evidence.

Question

Quizplus · Accepted Answer

In voluntary arbitration, the procedure is not tied to a court and is not bound by rules of evidence. The award is final with no judicial review, unless a party can prove that the arbitrator engaged in fraudulent, arbitrary, or other inappropriate actions.

Which of the Following Statements Is True of Voluntary Arbitration