Asked by Mason Smith on Jul 30, 2024
Verified
What is the arbitrator's decision called?
A) Arbitrator's Decree
B) Arbitration decision
C) Settlement
D) Award
E) Subsequent Decree
Arbitrator's Decision
A final decision made by an arbitrator, who is a neutral third party, to resolve a dispute outside of court.
- Familiarize oneself with the essential doctrines and variations of Alternative Dispute Resolution (ADR), such as arbitration and mediation.
Verified Answer
JC
Jessica CockrellJul 31, 2024
Final Answer :
D
Explanation :
The decision made by an arbitrator is commonly referred to as an "Award." This term is used in the context of arbitration to describe the final decision or ruling given by the arbitrator regarding the dispute that was presented.
Learning Objectives
- Familiarize oneself with the essential doctrines and variations of Alternative Dispute Resolution (ADR), such as arbitration and mediation.
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