Which of the following statements is not true with respect to arbitration proceedings?
Select one:
a. An arbitrator should be neutral.
b. Arbitration proceedings are conducted without many of the procedural requirements of a formal trial.
c. Arbitration proceedings are normally lengthier and more time-consuming than litigation in a court.
d. An arbitrator’s decision is usually binding and enforceable as a court judgment.
Among the four statements ,option (C) is not true.
Because, Arbitration typically provides a speedier resolution than proceeding in court.
In the option it has given that, Arbitration proceedings are normally lengthier and more time-consuming than litigation in a court.
So, the given statement is incorrect.
The remaining statements are correct.
a. The arbitrator should be neutral to provide justice.
b.Compared to formal trials, arbitration can usually be completed more quickly and is less formal.
d. An arbitrator’s decision is final and binding and enforceable as a court judgment.
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