IDNLearn.com is designed to help you find accurate answers with ease. Join our community to access reliable and comprehensive responses to your questions from experienced professionals.
Sagot :
Final answer:
Arbitration in legal disputes involves parties agreeing to a neutral third party's decision, known as the 'award,' which is binding.
Explanation:
Arbitration is a type of third-party intervention where both sides in a legal dispute agree to abide by the decision of a neutral third party called the arbitrator. In arbitration, the arbitrator makes the final decision, known as the 'award,' which is binding to the parties involved.
Learn more about Arbitration in legal disputes here:
https://brainly.com/question/51057293
We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for visiting IDNLearn.com. We’re here to provide clear and concise answers, so visit us again soon.