Which of the following statements is NOT TRUE with respect to arbitration proceedings?
A) Arbitration proceedings normally take more time than the it does to litigate a matter in the regular court system
B) An arbitrator's decision is binding and can be enforced as a court judgment
C) Arbitration proceedings are normally conducted without many of the procedural requirements of a formal trial.
D) An arbitrator must be neutral
E) Arbitration proceedings are often chosen as an alternative to having a dispute become subject to a foreign legal system
Correct Answer:
Verified
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