In which of the following is an arbitrator (or arbitration panel) similar to a judge?

Question

Quizplus · Accepted Answer

An arbitrator or arbitration panel, like a judge, may apply the principles of equity. This means they can make decisions based on fairness and justice, rather than strictly on the language of the law. The other options listed are not necessarily true for both arbitrators and judges. For example, arbitrators may not be bound by previous jurisprudence, and they may not strictly apply the rules of evidence depending on the rules agreed to in the arbitration agreement.

In Which of the Following Is an Arbitrator (Or Arbitration