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    The Pros and Cons of the Arbitration Process

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    Name both a pro and a con of the arbitration process and provide reasoning as to why they are beneficial or not.

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    When disagreements between two or more parties occur, these parties may choose to have their grievances heard in arbitration instead of taking their argument to court. Arbitration is a process designed to settle disputes without the need of a courtroom. Most arbitrators are attorneys, retired judges, or professionals contracted out to a ...

    Solution Summary

    This solution defines the arbitration process and explains one pro and one con to this process.