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Arbitration is an out of court way to resolve a dispute between two parties. An arbitrator controls the process. The arbitrator listens to both sides and then makes a decision to who is right.

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11y ago
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15y ago

To come up with a final decision which both parties will have to accept.

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10y ago

To reach an agreement between two or more opposing parties holding diferent viewpoints on a situation.

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Q: What is the function of an arbitration?
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What has the author Clarence H Curtis written?

Clarence H. Curtis has written: 'Labour arbitration procedures' -- subject(s): Arbitration, Industrial, Industrial Arbitration 'Labour arbitration in the courts' -- subject(s): Arbitration, Industrial, Cases, Certiorari, Industrial Arbitration


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That is arbitration ruled by law.


What does the Federal Arbitration Act require?

The Federal Arbitration Act requires judicial resolution through arbitration. There needs to be a contract in place that requires arbitration instead of judicial resolution.


What has the author Joseph Dame Weeks written?

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What has the author G K Kwatra written?

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What is the difference between Rights arbitration and interest arbitration?

Rights Arbitration - This term is used in the context of disputes arising out of existing agreements. Therefore, rights arbitration involves interpretation of existing contract terms.Interest Arbitration - This term is used when disputes arise and there is no agreement.As per the book - Labor Relations and Collective Bargaining by Carrell and Heavrin (7th Edition, Prentice Hall), Rights arbitration is found in almost every labor agreement today and is used far more today than interest arbitration. Because interest arbitration tends to have a broader scope than rights arbitration, many unresolved issues are present in interest arbitration.


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If you were awarded an arbitration agreement but the judge found the procedure unconstitutional is the arbitration still binding?

No. The arbitration award would be void. Depending on whether the judge found the arbitration clause or the award itself void, the case may be sent back for arbitration or permitted to go to trial.


When was London Court of International Arbitration created?

London Court of International Arbitration was created in 1892.


How do you put arbitration in a sentence?

Many problems that day were solved through arbitration.


When was National Arbitration Forum created?

National Arbitration Forum was created in 1986.