__________ occurs when an impartial third party acts as both judge and jury in imposing a binding decision on both negotiating parties.
A) Arbitration
B) Rights arbitration
C) Interest arbitration
D) Awareness arbitration

Question

Quizplus · Accepted Answer

Arbitration is a process in which an impartial third party, known as an arbitrator, listens to both sides of a dispute and imposes a binding decision. The arbitrator acts both as judge and jury, unlike in interest arbitration, where the arbitrator is limited to resolving specific issues related to the bargaining process. Additionally, rights arbitration focuses on interpreting and applying an existing contract or agreement, while awareness arbitration is not a commonly used term in the field of alternative dispute resolution.

__________ Occurs When an Impartial Third Party Acts as Both