The Management and Union Are Proceeding to an Arbitration Hearing

The management and union are proceeding to an arbitration hearing that will be conducted by an arbitration panel. Which one of the following best describes the makeup of the arbitration panel?

A) There are three arbitrators all of whom are randomly selected to serve from a pool of pre-approved management and union arbitrators.
B) There are three arbitrators all of whom must be approved to participate by the management and the union.
C) There are three arbitrators, one selected by the management, one selected by the union, and a neutral arbitrator whom both management and union approve of.
D) There are three arbitrators, all of whom are selected by the party not bringing the grievance.