The arbitration process involves the two disputing parties trying to reach agreement or,barring agreement,submitting to a solution as determined by a mediator.

Name: The arbitration process involves the two disputing parties trying to reach agreement or,barring agreement,submitting to a solution as determined by a mediator.
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Question

Quizplus · Accepted Answer

The statement is describing mediation, not arbitration. In arbitration, a third party (the arbitrator) makes a decision that is legally binding for both parties.

The Arbitration Process Involves the Two Disputing Parties Trying to Reach