Difference between revisions of "Arbitration"

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'''Arbitration''' is the hearing of a [[dispute]] by an [[neutral|impartial]] [[third person]] or persons (chosen by the parties), whose award/decision the parties agree to accept.
 
'''Arbitration''' is the hearing of a [[dispute]] by an [[neutral|impartial]] [[third person]] or persons (chosen by the parties), whose award/decision the parties agree to accept.
  
[[category:legal terms]]
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[[Category:Legal Terms]]

Revision as of 13:20, 23 April 2008

Arbitration is the hearing of a dispute by an impartial third person or persons (chosen by the parties), whose award/decision the parties agree to accept.