Which of the following describes the type of arbitration that focuses on enforcing or interpreting contract terms?
A) Final-offer arbitration
B) Interest arbitration
C) Rights arbitration
D) Conventional arbitration
E) Contract arbitration

Question

Quizplus · Accepted Answer

Rights arbitration focuses on enforcing or interpreting contract terms. It is often used in labor disputes to resolve disagreements over the interpretation or application of a collective bargaining agreement. Final-offer arbitration involves each party submitting a final proposal and the arbitrator selecting one without modification. Interest arbitration addresses disputes over economic issues like wages and benefits. Conventional arbitration is another term for voluntary arbitration, which is a non-binding process where both parties agree to accept the decision of the arbitrator. Contract arbitration is not a commonly used term.

Which of the Following Describes the Type of Arbitration That