Arbitration may be mandatory and binding,meaning that the parties abandon their right to go to court once they agree to arbitrate.

Question

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When parties agree to mandatory and binding arbitration, they are giving up their right to go to court and agreeing to abide by the decision made by the arbitrator. This means that the decision is final and cannot be appealed, except in certain limited circumstances.

Arbitration May Be Mandatory and Binding,meaning That the Parties Abandon