The key difference between final-offer arbitration as opposed to compulsory binding arbitration is that with final-offer arbitration:
A) the decision is not binding
B) strikes are averted in critical jobs where they cannot be tolerated
C) a neutral third party arbitrator resolves deadlocks
D) each side submits their position and the arbitrator selects one or the other

Question

Quizplus · Accepted Answer

With final-offer arbitration, both sides submit their position and the arbitrator selects one or the other. This is different from compulsory binding arbitration, where the decision is binding and a neutral third party arbitrator resolves deadlocks. Final-offer arbitration is often used to encourage compromise and prevent extreme demands, as each side wants their offer to be selected.

The Key Difference Between Final-Offer Arbitration as Opposed to Compulsory