Which of the following is the chief disadvantage of arbitration?
A) At least one party is likely to be unhappy with the outcome.
B) It's slower than mediation.
C) There is a chance that the process will not end in a settlement.
D) It's more expensive than mediation.
E) Most arbiters don't really know what they're doing.

Question

Quizplus · Accepted Answer

Arbitration often results in one party being unhappy because it is a binding decision made by the arbitrator, similar to a court judgment, which may not satisfy both parties.

Which of the Following Is the Chief Disadvantage of Arbitration