Arbitration means ending an impasse by ________.
A) assisting the principals in reaching an agreement
B) studying the issue in a dispute
C) making a public recommendation
D) giving a third-party the power to determine and dictate the settlement terms

Question

Quizplus · Accepted Answer

Arbitration involves giving a third-party the power to determine and dictate the settlement terms, making it different from assisted negotiation or mediation. While the arbitrator may study the issue and make a recommendation, their ultimate role is to make a binding decision on the dispute.

Arbitration Means Ending an Impasse by ________