The Pros and Cons of the Arbitration Process
Name both a pro and a con of the arbitration process and provide reasoning as to why they are beneficial or not.
© BrainMass Inc. brainmass.com October 10, 2019, 1:59 am ad1c9bdddfhttps://brainmass.com/business/business-law/pros-cons-arbitration-process-357773
Solution Preview
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.
$2.19