_____ is defined as the submission of a disagreement to one or more impartial persons with the understanding that the parties will abide by the decision.
A)Negotiation
B)Arbitration
C)Litigation
D)Mediation
E)Authorization

Question

Quizplus · Accepted Answer

Arbitration is a process where a neutral third party listens to both sides of a dispute and makes a final decision. The decision of the arbitrator is binding on both parties, meaning they must abide by it. This process is often used in cases where the parties involved do not want to go through the expense and time required for a court hearing.

_____ Is Defined as the Submission of a Disagreement to One