Arbitration is a method of dispute resolution that involves the submission of a dispute to one or more impartial persons, known as arbitrators, who render a final and binding decision. Arbitration is an alternative to litigation, which is the resolut...
Read MoreThe difference between arbitration and litigation is that arbitration is a private and informal method of dispute resolution that involves a neutral third party, called an arbitrator, who makes a final and binding decision based on the evidence and a...
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