KDKL Shastri Inter College Interview Questions and Answers

Arbitration is a form of alternative dispute resolution where a neutral third party makes a binding decision.

• Arbitration is often used as an alternative to going to court in legal disputes.

• It is a private process where the parties involved agree to have a neutral third party make a binding decision.

• Arbitration can be less expensive and time-consuming than going to court.

• Arbitration can be mandatory in some contracts, such as employment agreements or consumer contracts.

• Example...read more