____________ is a process in which a dispute is submitted to an impartial outsider who makes a decision which is usually binding on both the parties.

Related MCQs

• Which is the ultimate legal remedy for the settlement of an unresolved dispute?
• __________ involves intervention in the dispute by a third party appointed by the government for the purpose of deciding the nature of final settlement.
• Which are the two methods on which a conciliator relies on to resolve the disputes between two parties?
• Which of these is a condition for which compulsory arbitration is imposed on the disputing parties?
• __________ reiterated the faith of the parties in voluntary arbitration.
• The decision of the arbitrator should be based on which approach?
• Which are the unique and essential characteristics of the conciliation process?
• Arbitration is a _____ process, while mediation has a ____ tinge.
• What is the maximum amount of fees to be paid for licensing process?
• Which of the following is an object on which general funds could be spent as per section 15 of the act?