Which of the following statements is NOT true regarding arbitration of contract disputes?
A) A judge or jury decides the outcome.
B) Most arbitration agreements stipulate decisions cannot be appealed to the courts.
C) Arbitration occurs only when the parties have entered into an arbitration agreement.
D) Arbitration clauses are common in consumer and business contracts.

Question

Quizplus · Accepted Answer

In arbitration, a neutral third party arbitrator makes the decision, not a judge or jury.

Which of the Following Statements Is NOT True Regarding Arbitration