When using arbitration, if both parties retain the right to reject the recommended agreement, you have:
A) binding arbitration.
B) voluntary arbitration.
C) conventional arbitration.
D) final-offer arbitration.

Question

Quizplus · Accepted Answer

Voluntary arbitration allows both parties to agree to the terms of the recommended arbitration agreement, but they retain the right to reject it if they do not agree with the outcome. This is different from binding arbitration, where the decision made by the arbitrator is final and cannot be rejected by either party. Conventional arbitration and final-offer arbitration do not necessarily involve the option for both parties to reject the recommended agreement.

When Using Arbitration, If Both Parties Retain the Right to Reject