In an arbitration agreement,the parties may choose to restrict the arbitrator's powers or let the arbitrator decide what is equitable and good.

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In an arbitration agreement, the parties have the freedom to specify the arbitrator's powers and limitations. This means that they can choose to restrict the arbitrator's powers or give the arbitrator broad discretion to decide what is equitable and fair. Therefore, it is true that the parties may choose to restrict the arbitrator's powers or let the arbitrator decide what is equitable and good.

In an Arbitration Agreement,the Parties May Choose to Restrict the Arbitrator's