Arbitration is a process that establishes supportive relationships among the parties to a contract to head off disputes before they occur.

Question

Quizplus · Accepted Answer

Arbitration is a dispute resolution process that involves a neutral third party making a binding decision on the outcome of a dispute between two or more parties. It is not a process designed to establish supportive relationships or prevent disputes before they occur.

Arbitration Is a Process That Establishes Supportive Relationships Among the Parties