Question

Which of the following statements best represents the distinction between binding and nonbinding arbitration?

A) Unlike nonbinding arbitration, binding arbitration takes place at a court, in the presence of a judge.

B) If the arbitration is nonbinding, the decision and award of the arbitrator can be appealed to the courts.

C) A nonbinding arbitration takes place at a court, in the presence of the jury.

D) A nonbinding arbitration implies that the arbitrator's decision must be reinforced by the courts.

Answer

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