Multiple choice

Where the arbitration comes into being for settlement of dispute with consent of parties by a contract, it is called

  1. ad hoc arbitration

  2. international arbitration

  3. domestic arbitration

  4. consensual arbitration

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Consensual arbitration is a dispute resolution process whereby the parties confer on one or more persons, the arbitrator(s) and the power to resolve a dispute by making a decision.