Course Solutions Uncategorized (Answered) : What are the reasons to use third party without authority in dispute resolution?

(Answered) : What are the reasons to use third party without authority in dispute resolution?

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 7:37 pm
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What are the reasons to use third party without authority in dispute resolution?

Expert Answer

This is called arbitration which means dispute resolution can be done with the help of third party. It has various features which are good.

It gives quick and speedy solution

As the arbitrator is totally a different person so he or she should be unbiased

Both parties didn’t know him/her so optimistic level is increased

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