Which of the following is a reason that an arbitration award may be set aside under the Federal Arbitration Act?
A)The arbitrator failed to make a final and definite award.
B)The award was the basis of fraud.
C)The arbitrator displayed bias.
D)The arbitrator failed to make a final and definite award,the award was the basis of fraud,or the arbitrator displayed bias.
E)None of these,since the United States Congress repealed the Federal Arbitration Act in 1995 as part of its "Contract with America" legislative initiative.

Question

Quizplus · Accepted Answer

The Federal Arbitration Act (FAA),the federal law enacted to encourage the use of arbitration,explicitly lists four grounds on which an arbitrator's award may be set aside: (1)The award was the result of corruption,fraud,or other undue means; (2)the arbitrator displayed bias or corruption; (3)the arbitrator refused to postpone the hearing despite sufficient cause,refused to hear relevant evidence,or otherwise misbehaved to prejudice the rights of one of the parties; (4)the arbitrator exceeded his or her authority or failed to use that authority to make a mutual,final,and definite award.

Which of the Following Is a Reason That an Arbitration