Respuesta :
This is true that Arbitration differs from other forms of alternative dispute resolution in that a third party hearing a dispute makes a decision for the parties.
Alternative dispute resolution techniques like arbitration can be used to settle conflicts outside of the legal system. One or more people will decide the case, producing the "arbitration award." different types of functions can be accomplished through arbitration: settling contractual disputes between management and labor, addressing the interests of various parties in bargaining situations, such as public sector labor relations, resolving community disputes, and settling litigated claims through court-annexed programs.
Disputes are frequently settled through arbitration in both the public and commercial sectors. Due to its speed, cost-effectiveness, and increased procedural flexibility, arbitration is typically seen as a more effective process than litigation.
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