Dr.Hamrick is hired by the ABC Company to hear cases involving grievances of employees of the company.Sometimes evidence is presented and witnesses are called,and decisions are always based on legal merits,and his decisions are binding.This is an example of

Question

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Arbitration involves the appointment of a neutral third party (in this case, Dr. Hamrick) to hear cases and make decisions that are legally binding. This is different from mediation, which involves a third party facilitating a negotiation between the parties, and conciliation, which involves a third party making non-binding recommendations. An ombudsman is typically an independent person appointed to investigate complaints and resolve disputes, but their decisions may not be binding. Peer review typically involves the evaluation of the work of professionals by their peers, and is not directly related to dispute resolution.

DrHamrick Is Hired by the ABC Company to Hear Cases