Which form of arbitration means that both parties are committed to accepting the arbitrator's decision?

A) interest arbitration
B) binding arbitration
C) nonbinding arbitration
D) compulsory arbitration

Answer: B

Business

You might also like to view...

Which of the following is not a category or element of the balance sheet?

a. Expense b. Liabilities c. Assets d. Account payable e. Loan

Business

Because of collectivism, Mexican employees often expect to participate in decision making

a. true b. false

Business