RioFit and an employee are in a dispute that they have not been able to resolve. They have taken their case to Pat Margen, a retired judge, and have agreed to abide by Margen's decision. This scenario describes arbitration.

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Arbitration is a process in which two parties in a dispute agree to submit their case to a neutral third party (an arbitrator) who will make a binding decision that both parties agree to abide by. In this scenario, RioFit and the employee have agreed to submit their dispute to Pat Margen, a retired judge, for arbitration.

RioFit and an Employee Are in a Dispute That They