Multiple choice

Arbitration is a procedure in which

  1. cases are allocated to a particular track

  2. the parties refer a dispute to a third party rather than go to court

  3. the parties go to court

  4. the parties agree which court to go to
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B Correct answer
Explanation

Arbitration is a procedure in which the parties refer a dispute to a third party rather than go to court. Arbitration is the private, judicial determination of a dispute by an independent third party. An arbitration hearing may involve the use of an individual arbitrator or a tribunal.

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