Which of the following is true of arbitration?
A) Lawsuits are initiated between the conflicting parties.
B) Preliminary step of conciliation is often bypassed.
C) International Chamber of Commerce has been weak and ineffective.
D) Plaintiff and the defendant select a person each to present their case.
E) ICC Court does not appoint any member to regulate the private affairs of the two parties.
Correct Answer:
Verified
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