Arbitration is a process for resolving disputes without going to court. In this process, the people involved in a disagreement agree to choose a neutral third person, called an arbitrator, to listen to their arguments and make a decision. The decision made by the arbitrator is usually binding, which means both parties must follow it. … Read more
Arbitration is a way to solve disputes without going to court. In arbitration, an independent and impartial person, called an arbitrator, listens to both sides of the argument and makes a decision. This decision is legally binding, meaning both parties must follow it. Arbitration is commonly used in business because it is faster, more private, … Read more
Arbitration is called a method of Alternative Dispute Resolution (ADR) because it helps settle disputes without going to court. In arbitration, both parties present their problem to a neutral person called an arbitrator, who listens to both sides and makes a decision. This process is faster, simpler, and more private than court cases. It provides … Read more
Arbitration is a process of disputes settlement by neutral third party who decides the issues after hearing both sides in a quasi-judicial manner. It is a means of dispute settlement between the parties, where an Arbitrator gives his decision after hearing the disputing parties as neutral as the judge of the general court of law. … Read more