Cathy obtains from Depend Insurance Company a policy that pro?vides if a dispute arises between the parties concerning the settle?ment of a claim,the dispute must be submitted to an impartial third party,not a court,for resolution.This is

Question

Quizplus · Accepted Answer

The provided policy clause states that any disputes must be resolved through arbitration, which means the parties agree to use an impartial third party to make a final decision instead of going to court. This is known as an arbitration clause.

Cathy Obtains from Depend Insurance Company a Policy That Pro?vides