Explore BrainMass

Explore BrainMass

    Law and Project Management

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Do companies normally opt for arbitration to resolve conflicts?

    © BrainMass Inc. brainmass.com June 4, 2020, 2:57 am ad1c9bdddf
    https://brainmass.com/business/business-law/law-project-management-489970

    Solution Preview

    Arbitration is an ugly word, so most companies will do everything that they can to stay out of court and will sometimes even settle when they aren't the offending party in the situation. Why spend your time bickering over pennies when you can be out ...

    Solution Summary

    According to freedictionary.com, arbitration is "the hearing and determination of a dispute, especially an industrial dispute, by an impartial referee selected or agreed upon by the parties concerned." This solution discusses how some companies feel about arbitration.

    $2.19

    ADVERTISEMENT