🎴 Flashcard Mode
Arbitration and Construction Law
Card1 / 15
Mastered0
Review0
QuestionClick to flip
What is the purpose of arbitration in construction law?
AnswerClick to flip back
A
All of the above.
💡 Explanation:
Arbitration is a process in which a neutral third party (the arbitrator) hears evidence and arguments from both parties to a dispute and then makes a decision. Arbitration is often used in construction law because it is a faster and less expensive way to resolve disputes than going to court.